rct Posted February 13, 2018 Share Posted February 13, 2018 More Gibson financial stuff <shudder> rct Link to comment Share on other sites More sharing options...
kelly campbell Posted February 13, 2018 Share Posted February 13, 2018 Damn, I would like to see them turn it around. Link to comment Share on other sites More sharing options...
Beerad12 Posted February 13, 2018 Share Posted February 13, 2018 Well that doesn't sound good at all..... for the CEO that is. The last line of the article is a bit more encouraging, albeit just a tiny bit! “The core business is a very stable business, and a sustainable one. But you have a balance sheet problem and an operational problem.” Link to comment Share on other sites More sharing options...
'Scales Posted February 13, 2018 Share Posted February 13, 2018 Link to comment Share on other sites More sharing options...
kidblast Posted February 13, 2018 Share Posted February 13, 2018 That all sounds a bit bleak don't it... Link to comment Share on other sites More sharing options...
rct Posted February 13, 2018 Author Share Posted February 13, 2018 Organizing bond holders is very bad. It is a direct result of someone using a business as a personal bank, which is a serious problem in our system. rct Link to comment Share on other sites More sharing options...
Ceptorman Posted February 13, 2018 Share Posted February 13, 2018 It does sound a little sad. I think the right person or situation will come along and re-group this company, and with better management, they will survive Link to comment Share on other sites More sharing options...
Big Bill Posted February 13, 2018 Share Posted February 13, 2018 I wonder if they will be bought out. Link to comment Share on other sites More sharing options...
brad1 Posted February 13, 2018 Share Posted February 13, 2018 I wonder if they will be bought out. By Fender 😛 Link to comment Share on other sites More sharing options...
MichaelT Posted February 13, 2018 Share Posted February 13, 2018 PRS That's just wrong. So, if Gibson USA is bought by a Chinese company... Link to comment Share on other sites More sharing options...
kidblast Posted February 13, 2018 Share Posted February 13, 2018 Donald wont allow it... Link to comment Share on other sites More sharing options...
MichaelT Posted February 13, 2018 Share Posted February 13, 2018 Donald wont allow it... He could just build the wall out of these: Link to comment Share on other sites More sharing options...
Ceptorman Posted February 13, 2018 Share Posted February 13, 2018 Donald wont allow it... That's what I was going to say, but didn't want to get too political. Link to comment Share on other sites More sharing options...
kidblast Posted February 13, 2018 Share Posted February 13, 2018 He could just build the wall out of these: LOL! Those castors will defeat the purpose entirely... Link to comment Share on other sites More sharing options...
Dub-T-123 Posted February 13, 2018 Share Posted February 13, 2018 He could just build the wall out of these: Hilarious!! Link to comment Share on other sites More sharing options...
SteveFord Posted February 13, 2018 Share Posted February 13, 2018 Finally, a wall that makes some kind of sense. Wouldn't that be something to fire up? Link to comment Share on other sites More sharing options...
Beerad12 Posted February 14, 2018 Share Posted February 14, 2018 I wonder if they will be bought out. Joe Bonamassa! Link to comment Share on other sites More sharing options...
badbluesplayer Posted February 14, 2018 Share Posted February 14, 2018 The Gibson brand will stay intact. It's about the only thing they have that's worth much. All the rest of the businesses they bought were just kind of thrown into the money grinder to support the Gibson brand anyway. Henry had his day and he did pretty well. :unsure: Link to comment Share on other sites More sharing options...
Big Bill Posted February 14, 2018 Share Posted February 14, 2018 Joe Bonamassa! That would be awesome!! Link to comment Share on other sites More sharing options...
kidblast Posted February 14, 2018 Share Posted February 14, 2018 That would be awesome!! Joe is WAY too smart to get snookered into that mess. Link to comment Share on other sites More sharing options...
kidblast Posted February 14, 2018 Share Posted February 14, 2018 Oprah huh... but you wouldn't be as annoying would you? Link to comment Share on other sites More sharing options...
Hall Posted February 14, 2018 Share Posted February 14, 2018 I dunno. But, I'll put a team on it right away and get a full report to the exploratory committee for options before making my final recommendations. Link to comment Share on other sites More sharing options...
rct Posted February 14, 2018 Author Share Posted February 14, 2018 Make sure you keep my Strategic Planning people in the loop and keep logistics on point. We can't afford to go off message during the transition in whatever shape it may take. rct Link to comment Share on other sites More sharing options...
Hall Posted February 14, 2018 Share Posted February 14, 2018 Guess I'd best involve Human Services also, it is 2018. Link to comment Share on other sites More sharing options...
Rabs Posted February 14, 2018 Share Posted February 14, 2018 I think this is where they went wrong.. Posted June 2015 https://www.forbes.com/sites/hughmcintyre/2015/06/16/gibson-guitars-40-million-11-year-tech-gamble/#75a40f3d1235 Gibson Guitars' $40 Million, 11 Year Tech Gamble Sometimes a brand has so much history on their side it can begin to hurt them. While nobody wants to let go of a legacy, clutching too tightly could quickly give the appearance of being outdated, and that’s the easiest way to turn the up-and-coming millennial demographic off. Gibson guitars, the legendary crafters of some of the finest instruments to ever create rock and roll (including the iconic Les Paul), is having just such a problem. An aficionado might tell you that plenty has changed over the years in the world of guitars, but much of it is cosmetic. The company’s CEO, Henry Juszkiewicz, was very open about how little his company’s core product has evolved, especially when compared to music itself, which seems to go in a million new directions every day. “The industry hasn’t changed in 50 years. That’s a lifetime!” In order to move forward, innovations had to be made, and $40 million and 11 years later, a “major” change is here. From 2015 onwards, all Gibson guitars will come equipped with what is perhaps the smartest tuning meter (what most people would call a tuner) ever created. Positioned on the outside of the instrument near the head, the new device only needs a few seconds to perfectly tune the strings on the guitar, which makes it something of a small revolution. While they were originally planning on altering the inside of their instruments, adding all kinds of tech into the interiors of guitars, their research showed them that true fans simply would not have it. Not only could it slightly alter the music, but people were worried it would become outdated (as tech seems to at a rapidly increasing rate), thus making their expensive purchases equally as outdated. The company settled, placing the new feature on the exterior, which plenty in the industry (and what seems like guitar enthusiasts everywhere) still think of as sacrilegious. So, why did it cost so much? Well, there was the years of research and development that went into creating what may very well be the world’s most sophisticated tuning meter. In fact, even after the meter had been created, the company had to spend time working on an entirely new manufacturing process, as the system they were using could not produce enough of these smart tuners in a timely manner. The production is more precise and unlike anything Gibson has done before, but then again this entire step is unlike the brand best known for maintaining their place in history. Link to comment Share on other sites More sharing options...
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