Originally Posted by: john of MTIt's been a rough spring for guitar news. Guitar Center and now Gibson...
That's been coming for a while. I'm surprised it hasn't happened sooner.
A while back I read that Gibson was buying up large & small companies in home audio, computer software & other things that were marginally related to their bread & butter (guitars!).
That article was from last year when they were still excited about turning Gibson into a "music lifestyle company". Maybe they just bit off more than they could chew?
Anyway, I wish them the best. Probably chapter 11 will let them reorganize, pay down their debt & get back to making guitars. :)