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Discussion in 'Gear & Equipment' started by Deadpool_25, Nov 13, 2020.
Someone needs to pull the plug already.
From my viewpoint across the pond, they seem to be taking exactly the same route as Randall. Introducing new products that i'm actually interested in, of which i never see literally a single item in a shop. It's pretty sad to see.
Peavey hasn't really recovered from near insolvency from a few years back.
They have the name and branding, and Hartley is still top dog, but that doesn't really mean much now that everything is outsourced.
The money just isn't there anymore. So they limp along while the checks to the contractors and OEMs keep cashing.
The death of Eddie was the time to really capitalize, and even then they couldn't make it happen.
Randall is in something of a unique situation. The parent company of the parent company of the parent company that owns the company that owns Randall isn't interested in the musical instrument market, so the brand just died on the vine.
Which is weird because they had a lot of amps, a lot of signature gear that seemed interesting, etc.
Small potatoes for the absolute behemoth of a conglomerate that just wanted some patents off of one of the parent companies.
So then sell off the subsidiaries to someone who might actually give a shit about the company. Now Randall and Washburn are both pretty much dead.
Thing is they dont want to sell them either because they use their losses as a tax write off for the parent companies. At some point these companies being used do eventually go bankrupt or sold off again though.
Yeah, they basically offset their debt by dumping it onto subsidiaries, essentially, from what I understand.
They’re following Randall’s lead.
If EVH releases its own Mexican made 6505/5150/etc it will likely be made better and more reliable. I took a chance on a brand new Chinese made 6505+ almost a year ago despite hating Chinese made amps. It had to go to the service shop for problems after a few weeks of owning it. I took that as a sign and got rid of it in favor of an EVH stealth 50w and haven’t had any issues since(knock on wood).
let peavey die off...seems they deserve it at this point
And Peavey used to be the brand that had a reputation for being pretty solidly reliable. Pretty sad.
I thought I’d posted some of these quotes before but I guess not.
“EVH is outsourcing all of their tube amps to China and is actively using our CM to try to get copies of our transformers. Tell as many people as you like. They're planning to knock off the "original" 5150 now that Eddie is gone.”
“[CM is] Contact manufacturer for tube amps. They're going to all of our suppliers trying to get our formula for our prices.”
“James left 16 years ago and there's still no difference from the originals, as a result. Now they are also desperate to get the price down however they can, so China.”
“[James] actually called to get whatever info he could about our transformers, etc.. He doesn't know anything about the magic in there and so they are coming for ours.”
“It's to be expected, I guess. James left in 2004 and knows virtually nothing about making Chinese tube amps.”
5150 is right, because it's getting kind of crazy.
I'm assuming this is someone from Peavey? Because honestly given the horror stories I've read about Peavey import gear, I don't think Peavey knows much about making Chinese amps either. Man they sound bitter.
This is hilarious. There is literally no "magic" in a cheap import transformer, nor in transformers in general. This sounds like somebody having an oh shit moment and trying to create FUD because a competitor is coming out with a similar amp. It's also funny as hell because this was in the works before Eddie passed so making it sound like it is some nefarious project being done only because he died simply isn't true.
You can just taste the salt coming from the quotes.
The first mention of this amp came up only a week after Eddie passed. There's a guarenteed chance this amp has been in development for years, only for it's development to be put on hold because of Eddie's health problems.
Well at least Hartley treats his employees well....
Hartley gonna Hartley.