I saw there was no Gibson @ Namm, is it time for Taps?

uhm no----but--- if you have any GIBSON GUITARS---let me know I will give you pennies on the dollar for those DEFUNCT--- no Corporate support --- low end customer service wood slabs you got screwed by the "G" on ;)
 
I am a Gibby fan. Not necessarily a fan of the company itself as the mish mash of companies and products it sells. But, it is the combination of all that goes into a fine guitar that any purchaser, owner, player of said guitar will get great value and great music possible from spending his hard earned money to buy. In addition, I have a respect and all that makes a company function in order to do the above day in and day out, year after year.

Foremost in my mind is how a company treats it's customers as well as it's employees. If employees have the tools and work environment and good management in place to do the best work they can be proud of, then hopefully this yields products of top quality able to yield profits that perpetuate the company for years and decades of existence.

Give us a quality built guitar and fair price with no warranty issues, and in turn that product should sell itself. No whiz bang gismo laden New and Improved mousetraps needed.
 
From the report:

Various reports, citing experts in the music and financial business, said Gibson would likely survive a bankruptcy due to its name value and tradition, as well as the a strong core business, according to Moody’s, who also cited the company’s balance sheets and organization issues as reasons to downgrade the company.
Click to expand...

So maybe a bankrupt, maybe even as early as possible, might actually be the best thing that could happen. But only i a new owner can be found who actually consolidates the company on its core business.

Even if Fender or Warwick (well, they are probably too small...) bought Gibson and let them do their specific business that might be better than the present situation.
 
The article from the Nashville Post has more detail.

https://www.nashvillepost.com/busin...e/20992105/gibson-running-out-of-time-rapidly

The Nashville Post article does seem to imply things are more serious than just one of their smaller companies having issues with headphones and cables.

Nevertheless, don’t expect Gibson guitars to go away. Gibson Brands may have to shed some other involvements and there will likely be some restructuring, but I think the guitars will still be made.

This last paragraph from the Nashville Post article is insightful:

(Cassidy, in the quote below is Kevin Cassidy, a senior credit officer from Moody’s Investors Service.)

“Some type of restructuring will be necessary,” Cassidy said. “The core business is a very stable business, and a sustainable one. But you have a balance sheet problem and an operational problem.”
 
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Well, you guys all know how I feel about Gibson guitars, so I wan’t belabor that point. It pains me to see this happening but it may have been inevitable with the kind of business school management bs that has been going on since HJ took over. I respect him and his team for bringing back the glory when they first took over but I hate them for putting profits above all else after that. That plan never leads to sustained success.

Anyway, and I am really not kidding about this, I am thinking gery seriously about taking some money out of savings and buying several guitars that I think will become very desireable should the company either go under or restructure.
 
Word I heard around here is that Gibson had a room near by and is suppose to show their new stuff at the Consumer Electronics Show.
 
They actually did. That has even been discussed here.

But anyway - dependent on the future owner, that forseeable crash might even turn out as an improvement for us musicians.
 
The last new well made Gibson guitar I bought was in 2005 The last new Gibson guitar was in 2015 total trash I will never buy a new Gibson ever.
I know what the mark up price is 100% I did notice most of the so called true historic Gibson Les Pauls were made 2015 that are on sale now for $8k
 
I have a feeling the guitar side of Gibson is doing quite a bit better than people seem to think, and that getting rid of most of the other stuff they do would be good for the company long term. I would definitely HATE to see Gibson disappear. but I think Gibson guitars (new ones too) will be around for a long time.

The company has definitely made some very strange decisions lately, and I agree that their prices are very steep when it comes to new guitars, but I don't agree that all new Gibsons are crap, like a lot of people claim these days. Of course, I don't have any really old ones (the 1975 SG II being the exception, and it's a Norlin...) so I can't compare, but I don't have any complaints on any of the newer Gibsons I have or have had (the years being 2005, 2008, 2009, 2010, 2011, 2013 and 2014). I'm sure people can find faults with Gibsons, and I am NOT saying they are all wrong, but I think some of it is down to the "everything used to be better in the old days" way of thinking.
 
Maybe not...NAMM is a huge expense that may not be needed when you consider 90% of Gibson sales (my estimate) are based on history and Norlin Era/Relic instrument reputation/phenomena...
 
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