Darkshade Forum

General Category => News => Topic started by: chiquita on May 02, 2018, 10:53:03 AM

Title: Gibson Guitars Bankrupt
Post by: chiquita on May 02, 2018, 10:53:03 AM

 :'( :'( :'(

As a teen, I thought when I get rich I would go to Michigan's Gibson store and get me a Les Paul, ES335, or something else that sounds sweet.

Gibson Guitars declared bankruptcy. An end of an era in music. http://www.bbc.com/news/business-43967923 (http://www.bbc.com/news/business-43967923)

Title: Re: Gibson Guitars Bankrupt
Post by: Danmick on May 08, 2018, 06:12:29 AM

Bankruptcy doesn't necessarily mean they're going out of business, but as I understand it, they have started liquidating certain parts of the company (e.g. the Innovations division, which makes things like speakers and headphones).  This will hopefully mean that they will take the opportunity to shift focus away from gimmicks (e.g. signature series') and high volume production, and back onto producing high-quality instruments to bring back demand.  I've been listening to guitarists complain for years about how Gibson's quality has declined drastically, especially considering their price tag.

Title: Re: Gibson Guitars Bankrupt
Post by: diddly on May 08, 2018, 08:36:23 AM

I heard they blame their electronics division, so that will likely be the first thing they want to shed.