Tone Report Weekly Issue 108 | Page 14

FROM COLLABORATION TO CONSOLIDATION If 2015 was all about collaboration I'm going out on a limb and saying that 2016 might be looking more at consolidation. On the 2015 collaboration front, we had small builders like Fuzzrocious and Black Arts Toneworks building collaborative pedals with MXR and DOD. Maybe it's just because craft beer and guitar effects are my two loves, but I see a lot of parallels between the two industries. We've recently witnessed many craft breweries start to sell all or a portion of their business to larger breweries. Sometimes it has been to increase distribution, and other times it has happened because a founder is ready to retire and the family doesn’t want to continue. I'm predicting the same sort of thing will be happening 14 TONE TALK // with effects in the coming years. Many effects companies are small businesses with tight margins that take a lot of heart and soul out of the founders. A lot of builders will see the value in getting out on top and reaping rewards from their hard work. We've already seen Bearfoot Effects take on and start re-creating some fantastic designs from Frantone and ProAnalog Devices. Granted, in these cases, Bearfoot resurrected both companies. But just a few weeks ago, we saw Brad Fee of Mojo Hand FX sell his company to Cusack Music. I won't be surprised to see more small companies and smaller builders starting to work together or even be bought out by larger companies. 2016 Predictions and Trends in the Effects Industry