Just what is going on with Gibson and what could its future hold?
It’s been a painful, gradually unfolding process and impossible to ignore, but the revelations regarding Gibson’s calamitous financial woes in the last year have made for depressing reading. There’s been a host of misinformation online too, including everything from how culpable its CEO might be to whether Bonamassa could bail them out. Ultimately, we just need to know how Gibson got here and how deep of a hole it’s in.
Has Gibson really filed for bankruptcy?
Following debts of around $375m (£276m) Gibson Brands Inc filed a case under chapter 11 of the United States Bankruptcy Code last month. This is also known as a reorganisation bankruptcy and is commonly filed by corporations that require some time to hold off their creditors so they can restructure debts they have amassed. It can give the debtor, in this case Gibson, the chance to fulfill obligations under a plan of reorganisation and put their house in order.
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Denne historien er fra July 2018-utgaven av Guitarist.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Sonic Shaper
Electro-Harmonix revisits the effect that launched the company with the LPB-3 Linear Power Booster and EQ
Platinum Blonde
PRS has updated its Texas-voiced David Grissom signature amp with more features, lower wattage and a more approachable price tag
TAN LINES
Many of us regard straps as a bit of an afterthought, but to find one that matches the quality of a custom or vintage guitar, Rod Boyes of Pinegrove Leather can help
ELECTRIC STRINGS
Your tone starts with your strings - strike a balance between sound, tuning and durability with six of our favourites
DIFFERENT WINDS
While there's no end to repros of all the classic pickup styles, more and more pickup makers are mixing things up to move forward - Cream T is a good example
Long termers
A few months' gigging, recording and everything that goes with it - welcome to Guitarist's longterm test report
Top Guns
Chapman's new factory move coincides with a bit of a rethink. We track down the key players all around the world
the Wishlist
Dream gear to beg, borrow and steal for...
Reach For The Star
Earlier this year Guild reorganised its 70s-era Polara range. We spent some time with this mid-range 2024 model: a modern pawn-shop prize or a copy too far?
HIGH FLYER
Adrian Thorpe of ThorpyFX remembers the flight path - and turbulence behind Chris Buck's Electric Lightning overdrive/boost, named after a fighter jet and packing a bona fide valve
