12 Facts About Guitar Center

The following year, with 30 stores on the West Coast and in Michigan, Ohio, and Florida, Guitar Center made an initial public offering of stock and began opening new locations at an increased rate.

In 2000, Guitar Center acquired mail order and e-commerce retailer Musician's Friend for $50 million, asserting that the merged company was the world's largest seller of musical instruments.

In mid-2009 Guitar Center opened its first rehearsal and lessons studio facility in Woodland Hills, California.

Guitar Center has since opened rental departments in ten other existing locations and plans to offer rental services in various other stores across the country.

Guitar Center said it received up to $165 million in new equity and lenders agreed to reduce its debt by around $800 million.

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Guitar Center purchased Clapton's “Blackie” Fender Stratocaster, his vintage Gibson “ES-335, ” and Vaughan's “Lenny” Stratocaster for over $2.

All of the proceeds from these three guitars purchased by Guitar Center were for the benefit of Clapton's Crossroads Centre charity.

From 1988 through 2016, Guitar Center conducted an annual search for the next great undiscovered drummer.

Process of Guitar Center's Drum-Off began with three rounds of preliminary competitions at each of Guitar Center's 250+ locations nationwide, with each contestant allowed five minutes of set up time and three minutes to perform.

Guitar Center discontinued their sponsorship of the annual contest in 2017, announcing that it would instead create a community outreach program specifically geared toward drummers.

Guitar Center Sessions is hosted by Nic Harcourt, and was created, developed and produced by Guitar Center exclusively on DirecTV.

Guitar Center Sessions has won several awards, including a Lumiere Award from the International 3D Society for the episodes featuring Jane's Addiction and Peter Gabriel.