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Thread: Gibson is in danger of going bankrupt

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    Default Gibson is in danger of going bankrupt

    How can that happen? it's just insane that such an iconic music company could collapse.

    https://www.digitalmusicnews.com/201...ar-bankruptcy/

    Sent from my Lenovo K8 using Tapatalk

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    Chinese knock-offs must bear some of the responsibility.
    You could buy a guitar right now from any of the Chinese online outfits and have whatever logo you want on the headstock. Some come replete with the Gibson logo already , even fake serial numbers- and you couldn't tell the difference from the genuine article without picking it up . At one-twentieth of the price they have proven to be popular.

    Gibson has stuck pretty well to environmental concerns with regard to threatened timbers too- and rosewood has just made the CITES endangered species list. That's going to make life difficult for quality acoustic guitar-makers- and Gibson has been outstanding in that area. Sure, there are alternatives- but having trumpeted the superior tonal qualities of rosewood for so long it's going to take quite a well to sell them. Fender- the other American market leader- has never relied so heavily upon acoustic guitars and electric guitars use much less rosewood in their manufacture. They too are subject to Chinese forgeries, of course, as is every other famous brand.

    If the news of Gibson's imminent demise is true then every genuine Gibson owner is sitting on a valuable inheritance . Brits should buy theirs in Europe now - even though the UK pound has collapsed- while they're still in the EU. After Brexit you'll be making your own out of old saucepans.

    https://www.dhgate.com/product/chibs...arl|4210024984

    Last edited by moon; 02-18-2018 at 08:33 AM.
    " First they came for the journalists...
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    Default

    must be owned by trump

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    Who cares, your hero swears by Paul Reed Smith.

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    Quote Originally Posted by moon2012 View Post
    Chinese knock-offs must bear some of the responsibility.
    You could buy a guitar right now from any of the Chinese online outfits and have whatever logo you want on the headstock. Some come replete with the Gibson logo already , even fake serial numbers- and you couldn't tell the difference from the genuine article without picking it up . At one-twentieth of the price they have proven to be popular.

    Gibson has stuck pretty well to environmental concerns with regard to threatened timbers too- and rosewood has just made the CITES endangered species list. That's going to make life difficult for quality acoustic guitar-makers- and Gibson has been outstanding in that area. Sure, there are alternatives- but having trumpeted the superior tonal qualities of rosewood for so long it's going to take quite a well to sell them. Fender- the other American market leader- has never relied so heavily upon acoustic guitars and electric guitars use much less rosewood in their manufacture. They too are subject to Chinese forgeries, of course, as is every other famous brand.

    If the news of Gibson's imminent demise is true then every genuine Gibson owner is sitting on a valuable inheritance . Brits should buy theirs in Europe now - even though the UK pound has collapsed- while they're still in the EU. After Brexit you'll be making your own out of old saucepans.

    https://www.dhgate.com/product/chibs...arl|4210024984

    I bought a mahogany ESP for like $500. I think it would have cost $2000 ten years ago.

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    Quote Originally Posted by Micawber View Post
    I bought a mahogany ESP for like $500. I think it would have cost $2000 ten years ago.
    You should have bought a real one.

    JK.

    Clapton may well be right in his comment at the end of the OP article. Maybe the physical guitar has had its day. Home studio musicians, DJs, mashers etc. now have access to ANY sound they want through software which covers the entire range of what a guitar can do. It's the same with any other instrument, of course.
    " First they came for the journalists...
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    Quote Originally Posted by moon2012 View Post
    You should have bought a real one.

    JK.

    Clapton may well be right in his comment at the end of the OP article. Maybe the physical guitar has had its day. Home studio musicians, DJs, mashers etc. now have access to ANY sound they want through software which covers the entire range of what a guitar can do. It's the same with any other instrument, of course.
    Very interesting post.

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    I think our old respected companies are going to have to learn what the global economy actually means to them and their viability
    for the future. The shame is manufacturing in the US is and has been taking it on the chin for a long time and if it keeps we won't
    produce anything which most professionals believe would be bad for our future, especially when you look at jobs here for Americans.
    I think Gibson and other companies need to look how foreign companies, that move their manufacturing here from all over the world
    what they are doing to be successful. Re investment will be key for Gibson, getting their business model up to date will be a must but
    if it's to late then it will be sold off broken up but the name and will go on, possibility in a much smaller way specializing in Gibson products only

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    I thought it was Mel for a second and I was happy.
    "Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34

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    Gibson’s problems are thought to have arisen mainly through their electronics operations,..

    http://ultimateclassicrock.com/gibso...cial-problems/

    I didn't know that Gibson has ' electronics operations '. They ain't talking humbuckers, that's for sure.


    Where did scab maggot go ? First reasonable thread the old duffer ever posted.
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    Quote Originally Posted by Havana Moon View Post
    How can that happen? it's just insane that such an iconic music company could collapse.

    https://www.digitalmusicnews.com/201...ar-bankruptcy/

    Sent from my Lenovo K8 using Tapatalk
    Well that sucks. They are literally the most iconic guitar in history, and well deserved. I always wanted to get a custom firebird model, even though my attempt at playing went belly up since I have big club like hands, with some double jointed issues. I imagine if they go belly up someone would buy the brand rights, but if not you can guarantee the premiums they will start going for. A good issue to bring up, I take back your nick name.

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    Makes me ill, but quality control has something to do with it, too. I have a 2016 SG with a neck as straight as an arrow, but I just took my 2015 Firebird(bought new 3 months ago and under warranty)back to Sam Ash because the neck is more warped and twisted than hillary clinton(sorry, you started it, katzgut). It's a neck-thru-body, so the only thing for it really is to replace the entire guitar. I have 30 and 40 year old Fenders that have never even had the neck ADJUSTED, and they play perfectly. I don't know if this problem with quality control is recent, or if it goes way back, but I've heard a lot of grumbling about it lately. I've wanted a Gibson since the seventies, and now that I can afford them, this crap happens.
    “The Communist party must control the guns.”
    ― Mao Tse-tung



    “Those who vote decide nothing. Those who count the vote decide everything.”-Generally attributed to Uncle Joe Stalin



    “Everything under heaven is in utter choas; the situation is excellent.”
    ― mao tse-tung

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    The answer is right in the article, fewer people playing guitar

    "obvious problem is that the guitar is just another toy for younger people today. Up until relatively recently, it was a must-have for a giant percentage of young Americans — all of whom were in love with rock & roll in some form or another. Now, the six-string is just as easily replaced by a turntable, videogame console, or simply a laptop."

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    I am not nearly good enough to own a Gibson. I play with a couple of guys who are.

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