Alembic Guitars Club

Connecting => Miscellaneous => Topic started by: jwright9 on July 22, 2019, 08:32:07 AM

Title: Reverb to be acquired by Etsy
Post by: jwright9 on July 22, 2019, 08:32:07 AM
https://reverb.com/news/reverb-to-be-acquired-by-etsy (https://reverb.com/news/reverb-to-be-acquired-by-etsy)

Very interesting.
Title: Re: Reverb to be acquired by Etsy
Post by: garyhead on July 22, 2019, 08:41:52 AM
All I got out of this was the Steve Miller song “ Go On Take The Money & Run!”
Title: Re: Reverb to be acquired by Etsy
Post by: David Houck on July 22, 2019, 10:08:54 AM
Saw the headline this morning, but haven't read anything about it yet.  Thanks for posting.
Title: Re: Reverb to be acquired by Etsy
Post by: Mark 63 on July 22, 2019, 06:29:47 PM
Where does Chicago Music Exchange fit into the arrangement?
Title: Re: Reverb to be acquired by Etsy
Post by: jwright9 on July 22, 2019, 06:47:21 PM
Quote from: Mark 63 on July 22, 2019, 06:29:47 PM
Where does Chicago Music Exchange fit into the arrangement?
Great question. I was wondering the same thing.
None of the articles I read mentioned anything about CME.
Title: Re: Reverb to be acquired by Etsy
Post by: David Houck on July 22, 2019, 07:15:02 PM
This article (https://www.builtinchicago.org/2019/07/22/reverb-etsy-acquisition) seems to suggest that the owner, David Kalt, sold Reverb but not Chicago Music Exchange.
Title: Re: Reverb to be acquired by Etsy
Post by: cozmik_cowboy on July 22, 2019, 10:00:35 PM
Quote from: David Houck on July 22, 2019, 07:15:02 PM
This article (https://www.builtinchicago.org/2019/07/22/reverb-etsy-acquisition) seems to suggest that the owner, David Kalt, sold Reverb but not Chicago Music Exchange.
That was my take on it, as well.

Peter
Title: Re: Reverb to be acquired by Etsy
Post by: jwright9 on July 23, 2019, 09:03:49 AM
More research reveals that David Kalt purchased Chicago Music Exchange in 2010 from former owner Scott Silver.
David Kalt then created Reverb (a separate company) in 2013.
Thus, CME and Reverb are not connected and CME is not affected by the acquisition of Reverb by Etsy.