Sad day for the music industry world wide

Post by **Papsmear** » Wed May 02, 2018 2:35 pm

https://www.reuters.com/article/us-gibs ... SKBN1I23VR

Post by **Raveen** » Thu May 03, 2018 11:57 am

@#(!.

Vortrog · Post by **Vortrog** » Thu May 03, 2018 8:57 pm

Greed at work. There should be public floggings and prison for Execs and boards who defile solid businesses by selling unrealistic dreams for their own profiteering.

FIZ · Post by **FIZ** » Thu May 03, 2018 11:30 pm

From my understanding, they made some @#(!ty investments/ acquisitions in other companies and will continue to make guitars. Les Paul line should still be on the market.

raumvogel · Post by **raumvogel** » Sat May 05, 2018 7:27 am

FIZ wrote:QUOTE (FIZ @ May 3 2018, 07:30 PM) From my understanding, they made some @#(!ty investments/ acquisitions in other companies and will continue to make guitars. Les Paul line should still be on the market.

Exactly..how many times has GM filed for bankruptcy.

Shizoku · Post by **Shizoku** » Sun May 06, 2018 6:50 am

Yeah, they aren't going anywhere. They'll liquidate some assets and be just fine, hopefully picking up a non-bat@#(! ceo along the way.

Perhaps it will force them to go in a good direction, for a while now they've been making some questionable choices

Also their qc has been lacking, I've had to send back more 2000$ and up Gibsons in the last year than I have Fenders in the last seven years.

Wasp · Post by **Wasp** » Sun May 06, 2018 2:04 pm

Was it gibson that got new management and changed the design of their pickups which started the hunt for the old pickups and older guitars? I remember reading about that long ago. The pickups I'm thinking of, looked like circuit boards.