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Vinyl record retailer Bandbox sent out a new email in early May 2024 about their Assignment For The Benefit of Creditors (aka not a bankruptcy, but close). It appears they have lined up a buyer. Today, I dig into what that email says, what the legal documents say, and some quite surprising revelations. If you are a Bandbox customer with one or more unfulfilled orders, you'll want to watch this video!
Sadly, it's not all good news, as the situation still sucks all around. I dig into the unfortunate aspects as well. You can find more of my commentary in my Substack: fensepost.substack.com
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CHAPTERS:
0:00 New Email From Bandbox
0:20 What Happened to Bandbox?
0:46 What Did The Latest Email Say?
3:03 Customer Reacts to the Bandbox Email
5:03 Will You Get Your Bandbox Order?
7:07 Where Will the Money Go?
10:21 Final Thoughts & A Surprise Response!
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