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.
Topic: Gibson Guitars Bankrupt (Read 9576 times)
