The Surprising Transformation on Philadelphia’s ‘Piano Row’
A storied chapter in Philadelphia’s musical heritage is turning a new page as Jacobs Music, a beloved establishment on Chestnut Street since 1937, has been acquired and rebranded by the illustrious Steinway & Sons. This new era retains the Center City and Princeton locations, while signaling the closure of stores in Cherry Hill and Ephrata.
Amid these changes, Jacobs Music’s well-regarded division responsible for piano tuning, maintenance, and repair will continue operating independently with its committed team of 17 technicians, ensuring the legacy of quality service prevails. This transition is orchestrated thoughtfully to provide an uninterrupted experience for all patrons.
The shift in ownership coincides with CEO Chris Rinaldi’s plans to step down, marking both an end and a new beginning for the Rinaldi family, who have helmed the company since inheriting it in 2014. They navigate challenges as the industry evolves, recalling piano popularity’s zenith decades ago in 1978.
Details of the acquisition remain confidential, but it’s clear that Steinway & Sons sees Philadelphia, with its rich musical tradition and proximity to New York City, as an ideal extension of its brand.
Reflecting on this transformation, Jacobs Music’s community support in educational initiatives and collaborations with prestigious institutions will continue to resonate. As Steinway takes the helm, the famous storefront sign on Chestnut Street may undergo changes, capturing interest from local arts entities eager to preserve its historical significance.
Thus, while the facade changes, the beat of Philadelphia’s musical pulse remains steady, heralding a future steeped in timeless harmony.
Source: Jacobs Music Changes Hands and Rebrands as Steinway & Sons