Here we go indeed. I'm going to write this in case anybody at Ernie Ball is reading this. If anybody knows such a person, please forward this on.
My "day job" is in branding and brand marketing. I won't go into detail about what I do, but I will simply say that while there's lots and lots of people out there who claim to understand this space, I do this for a living at a high level. I have worked in top marketing capacities at a few different top tier Fortune 500 firms known to have effective marketing. I'm not bragging, I'm just laying my credentials on the table.
Rarely have I seen a decision as poor as this. Beyond confusion, Ernie Ball is going to effectively destroy a marque premium brand (Musicman Sterling Bass).
Now perhaps their plan is to discontinue the USA Sterling Bass. I doubt that's the plan though as its a great, reasonably popular bass that fills a need. My concern is, once the Sterling name gets associated with "budget" - I don't know how on earth they're going to collect $1500 - $1700 for a Sterling USA anymore.
Very very poor branding decision. Stunningly bad. Hard to believe. Ernie Ball - if you are reading this I strongly urge you to adjust this plan by more explicitly separating out the budget line (ie: call it something else for goodness sake).