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Gibson filed for bankruptcy

Discussion in 'Sidewinders Bar & Grille' started by guitarface, May 1, 2018.

  1. Bcorig

    Bcorig Strat-Talker

    Age:
    68
    342
    Feb 17, 2018
    Chino Hills CA
    I don’t know who they think they are...
     
    Yves and newplayeroldguy like this.
  2. Will Lefeurve

    Will Lefeurve Senior Stratmaster

    Mar 1, 2016
    England & France
    As I stated in an earlier post... I have a 60s Tribute Goldtop.. first run. I always thought they were basically a Studio anyway with a paint-job. Shows how much I know.. :rolleyes:

    I certainly can't knock mine, I love it. Chambered body an all. Well worth the money. Quality is ok by me. I only have two small niggles, and they are, slightly neck heavy, and a few fret ends were rather jagged.

    Damn guitar plays like a monster though. Those P90s growl..
     
    nadzab and knh555 like this.
  3. Henfield Strat

    Henfield Strat Strat-Talker

    494
    Mar 27, 2013
    West Sussex UK
    Them naughty pranksters! IMG_0161.JPG
     
  4. stratman323

    stratman323 Dr. Stratster Strat-Talk Supporter

    Age:
    58
    Apr 21, 2010
    London, UK
    What excellent use of the English language! Nice one. :cool:
     
    Silvercrow likes this.
  5. GunMonkeyINTL

    GunMonkeyINTL Senior Stratmaster

    Feb 5, 2015
    NC
    I almost responded a couple times about his misunderstanding what a Tribute was, but I remembered who I was talking to.

    Figured he would tell us he was talking about “those other Tributes”. You know, the dope ones like the one his buddy showed him that one time at Band Camp.

    It was dope.
    All other Les Pauls suck in comparison.
     
    nadzab, Silvercrow and Guy Named Sue like this.
  6. Bob the builder

    Bob the builder Senior Stratmaster

    Age:
    58
    May 2, 2016
    Cranston, Rhode Island
    Rotflmao
     
  7. Bowmap

    Bowmap Thank you Gold Member

    950
    Dec 23, 2017
    NVL
  8. Malurkey

    Malurkey Senior Stratmaster

    Dec 28, 2016
    Netherlands
  9. Bob the builder

    Bob the builder Senior Stratmaster

    Age:
    58
    May 2, 2016
    Cranston, Rhode Island
  10. Stormy Monday

    Stormy Monday Weeee doggie Strat-Talk Supporter

  11. CigBurn

    CigBurn Most Honored Senior Member Strat-Talk Supporter

    Age:
    61
    Jun 22, 2014
    Same Shed Different Day
    Here you go. :)

    "Gibson Innovations Netherlands, the Dutch subsidiary of the American guitar brand, has been declared bankrupt. The sixty employees will soon be laid off.

    The bankruptcy trustee talks with several parties about the settlement of a bankruptcy, the company reports on Thursday. The curator investigates whether a restart is possible.

    Gibson Innovations is a former part of Philips. Since June 2014, the company is owned by Gibson Brands, which started a so-called Chapter 11 procedure early this month to protect itself against bankruptcy. This is a kind of postponement of payment

    Gibson Innovations was responsible for the development and distribution of, for example, headphones, audio systems and soundbars under the Philips brand."
     
  12. Stormy Monday

    Stormy Monday Weeee doggie Strat-Talk Supporter

    Gracias.
     
    CigBurn likes this.
  13. stratman323

    stratman323 Dr. Stratster Strat-Talk Supporter

    Age:
    58
    Apr 21, 2010
    London, UK
    Well I used a translation program......

    o_O
     
  14. Stormy Monday

    Stormy Monday Weeee doggie Strat-Talk Supporter

    So not unexpected. Gibson buying a cast off from Philips was not very smart. Bad juju for those workers
     
  15. Stormy Monday

    Stormy Monday Weeee doggie Strat-Talk Supporter

    Sometimes on this phones things are not so obvious.
     
  16. CigBurn

    CigBurn Most Honored Senior Member Strat-Talk Supporter

    Age:
    61
    Jun 22, 2014
    Same Shed Different Day
  17. Frankg11

    Frankg11 Strat-Talker

    419
    Feb 10, 2010
    D.C./L.A./Seattle
    That division for Phillips was a dog with flea's that Gibson bought. Gibson's Chapter 11 (Reorg) is a legal vehicle to jettison parts of the company that doesn't make money. That Division was sucking cash and needed to be closed. Remember that the Guitar side of the business is cash flow positive. So you should see a more focused and better run Gibson comming soon. Maybe with some management changes.
     
    Henfield Strat likes this.
  18. Stormy Monday

    Stormy Monday Weeee doggie Strat-Talk Supporter

    Yep. I use that when I'm on the computer. I managed to find a translate command about three or for menus in.
     
    CigBurn likes this.
  19. archetype

    archetype Strat-O-Master

    747
    Nov 26, 2016
    Williamsville NY
    The Tribute models are all from the Studio line, although Gibson doesn't mention that much in their marketing.
     
    Will Lefeurve likes this.
  20. archetype

    archetype Strat-O-Master

    747
    Nov 26, 2016
    Williamsville NY
    Having worked for Philips, I can say that any Philips division that has the potential to be profitable will not be sold to someone else.
     
    Frankg11 likes this.