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Guest post by Fred Jacobs of Jacobs Media StrategiesDisruption impacts virtually every business and platform – including the guitar.Over the past couple of years, a possible trend signaling the decreasing influence of the electric guitar appears to be emerging. The trend toward electronic music, Gibson Guitars recently declaring bankruptcy, and guitar master Eric Clapton downsizing his vast collection are all read as signs of the instrument’s waning impact on music.And recently, even Metallica’s Kirk Hammett got on the downer bandwagon when he made this pronouncement:“Like all instruments, there’s a time when it goes out of fashion.”Then there’s the fate of Guitar Center, a retail music mecca where millions of would-be rockers have grabbed a 6-string axe off the wall and started playing those power chords from “Smoke On The Water.” The bad news for this national chain of music stores – built around the guitar – is that many believe it is flirting with bankruptcy, much like other specialty retailers who have gone under in recent years, including Toys “R” Us, Payless ShoeSource, RadioShack and others.Guitar Center is facing $1 billion in debt, but is fighting the good fight, attempting to battle against the forces of financial ruin.R.I.P. Six Strings: Is The Death Of The Electric Guitar Near?
Fred Jacobs surveys market trends of the past several years, many of which (including the bankruptcy of Gibson) point to the dwindling popularity of that most iconic of instruments, the. Continue reading [https://www.hypebot.com/hypebot/2018/07/rip-six-strings-is-the-death-of-the-electric-guitar-nig