My sister just added a beautiful black upright piano to her home. It has turned her place into a musical hot spot for family and friends and has me thinking about getting one. But where would I put it, and how do I design a room with it?
Steinway Musical Instruments Inc was founded in 1853 in a loft on Manhattan’s lower west side. It is most famous for Steinway & Sons pianos, but today its products include Bach Stradivarius trumpets, Selmer Paris saxophones, C.G. Conn French horns, Leblanc clarinets, King trombones, and Ludwig snare drums.
Steinway announced on Monday July 1st that it has entered into a definitive agreement to be acquired by an affiliate of Kohlberg & Company, a global private equity investment firm, in a transaction valued at approximately $438 million. Upon the completion of the transaction, the Company will become a privately held company.
Under the terms of the agreement, an affiliate of Kohlberg will commence a tender offer to acquire all of the outstanding shares of the Company’s common stock for $35.00 per share in cash, representing a premium of 33%. The board of directors of the Company unanimously recommends that the Company’s stockholders tender their shares in the tender offer.
“Kohlberg’s long history of collaboration to grow and expand some of the world’s leading consumer brands makes us an ideal partner for Steinway to accelerate its global expansion, while ensuring the artisanal manufacturing processes that make the company’s products unique are preserved, celebrated and treasured,” Kohlberg partner Christopher Anderson said.
Shares of Steinway Musical Instruments Inc. jumped $4.62, or 15 percent, to $35.05 in morning trading. Shares this year have risen close to 70 percent.
A new, revolutionary tool that allows you to learn piano pieces faster, broaden your repertoire knowledge, improve your interpretational skills or to simply immerse yourself in the refined art of classical piano music, has finally arrived!
The AST integrates Piano Street’s sheet music library with the leading video and music streaming services YouTube, Spotify and Naxos and allows you to listen to recordings of pieces while following along in the scores. The recordings are carefully selected by the Piano Street Team to ensure that the performances are of professional reference standard and provide a diversified selection in terms of interpretational styles.
Celebrating its 160-year anniversary on March 5, Steinway & Sons, the classic piano with a grand sound, has added an incredible visual pop to its design: It partnered with an artist by the name of Lynx to paint abstract art on the keyboard lid, piano lid, music desk and even the case of some of its grand pianos. But Steinway’s art case pianos have been around since 1857, when they first began producing the special pianos with artists of the day.
A collection of letters to Steinway & Sons written by Anton Rubinstein, Liszt, Paderewski, Berlioz, Wagner, and some of the other musical (and acoustical) geniuses of the 19th century extolling the virtues of Steinway pianos.
An appreciation of style and grace fuels Kris Bezuidenhout’s long-held passion for Mozart, writes Steve Dow.
Kris Bezuidenhout is in the process of recording Mozart’s entire works. Photo: Marco Del Grande
Bezuidenhout will play, as he often does, on fortepianos similar to those Mozart played and composed on. A fortepiano is the early version of a piano, lighter in both construction and sound. But the instrument has been neglected in recent recordings of the classical repertoire.
Bezuidenhout, 32, who also plays piano and harpsichord, is changing that situation by using fortepiano in his planned recording of nine volumes covering all of Mozart’s solo keyboard music, at the rate of two volumes a year.