Gibson money woes

Actually not wild at all. Been coming for some time and the writing has been on the wall. Too bad Henry didn't read it.

His obsession with creating the "Gibson Brand" and getting involved with everything having nothing to do with guitars is a big part if it.

Oh, and calling Gibson's core fans "luddites" hasn't helped either. That just created some bad juju.

Eh, maybe I'll buy it and sell off everything non guitar related.

Get Teac and Tascam back to someone worthy, and get rid of those gawd awful ugly Gibson monitors.

Oh, and sell off KRK to someone with the stipulation of them putting Focal drivers back in them.


Edit: In the new corporate model, anything resembling the firebird x or robot technology will be outlawed and punishable by castration
:D
 
supply and demand.....i was thinking too a lot of the new young rock n roll isnt really rock and roll...its Rap, (no guitars needed) its Elctro Hop and DJ stuff (no guitars needed)

maybe Metallica and everyone else like Bon Jovi to Aerosmith will have to go country-rock?
 
Steven Tyler's latest album is a 'country' record.
:D

As to Gibson, from everything I've heard the guitar aspect is the financially strongest of the company. I'm not privy to the financials to confirm this, but that's the info I've gotten.
 
I think I read it went from 1.5 million guitar sales to 1 million over past years.
My take is it is their main money cow.
 
supply and demand.....i was thinking too a lot of the new young rock n roll isnt really rock and roll...its Rap, (no guitars needed) its Elctro Hop and DJ stuff (no guitars needed)

maybe Metallica and everyone else like Bon Jovi to Aerosmith will have to go country-rock?

We went through this phase back when MTV came online in the 80's with techno-pop and it's never fully recovered.. guitar-wise.
 
The company has also had to spend mucho dinero fighting the Feds in court due to someone in DC repeatedly trying to fine them for using wood that wasn't harvested legally. They won the right to use the wood by proving it was all purchased prior to the ban but lost money in the court actions that was never recouped.
 
The company has also had to spend mucho dinero fighting the Feds in court due to someone in DC repeatedly trying to fine them for using wood that wasn't harvested legally. They won the right to use the wood by proving it was all purchased prior to the ban but lost money in the court actions that was never recouped.

Of their billion income each year, how much of that was siphoned for legal fees?
 
Sometimes hostile takeovers are hidden, so slandering and spoiling the companys name to break them down with the real agenda to buy them out at a low cost could be going on.

Watching the Netflix docs on the Trump money and its all dirty, Im not surprised ..I mean you have someone dealing in Casino's ffs...but still the enormous money these dealings can move is unfathomable.

Who would step in and buy Gibson, shave off everything but the core Guitar group, and stay small and with a great product. Going big like Fender isnt for everyone. Hell? could Fender buy Gibson? A Fender Gibson sounds too weird...
 

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There are incredible young guitar players....kicking it old school...like this kid from Mississippi.
He just turned 18 and he was real good 3 years ago when I first saw him.

YouTube


He is just now getting some recognotion and national exposure.
Gibson needs to sponsor him QUICK before another guitar company gets him!
I think he is poised to be the next legendary guitar hero
He could damn sure sell some guitars for them!

Or maybe a Paul Reed Smith will sponsor him;
YouTube

Or Fender:
YouTube
 
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The makers have to compete against the glut of their own guitars on the used market. As guitars essentially last forever and the player base is not growing, the glut can only get worse. The older generation of players are selling off their hordes and that will continue. I think Gibson screwed themselves too with price increases and lax quality control. My late 90s SG Special for which I paid $550 new is a better guitar in every way than my 2012 LP trad that cost more than three times as much.
 
In my opinion, the guitars Gibson produced in the 1990's are some of the best they ever produced. All those guitars are of exceptional quality. The prices that era of Gibson are fetching is a testament to that.

Actually, they made great guitars of consistent quality into the early 2000's. My 2007 les paul studio is a great guitar. But, by that time (2007) it was more of a crap shoot to get a really good one.

I have been wanting a 90's era Gibson les paul classic plus flametop. If I find one at, what I consider, a great price I may buy it. They are really holding their value and there aren't many great deals to be found on them.
 
In the late 90s and early 2000s Gibson made a run of SGAnd Les Paul Specials that I remember seeing in Guitar Center, which is where I bought mine. They came in cherry and black and had a lacquer finish. Apart from the meh 490 pickups, they were great instrument. You still see them selling used the $500ish range, which is about what they sold for new. A cut above the faded models that vame ojt later.
 
I agree 100% the used glut is no different than a housing crisis where there are so many used for sale, prices tumble and theres no reason to pay sky high prices.

Theres now decades of guitars, massive quantities, out there and other than the low production years I dont see any reason to pay crazy prices for a new one because marketing added some new Elite name.

ymmv
 
Add to that the baby boomers who bought all those guitars are fading away and getting rid of their gear and the fact that we have millions of east Asian guitars that are going for next to nothing
 
There are incredible young guitar players....kicking it old school...like this kid from Mississippi.
He just turned 18 and he was real good 3 years ago when I first saw him.

YouTube


He is just now getting some recognotion and national exposure.
Gibson needs to sponsor him QUICK before another guitar company gets him!
I think he is poised to be the next legendary guitar hero
He could damn sure sell some guitars for them!

Or maybe a Paul Reed Smith will sponsor him;
YouTube

Or Fender:
YouTube

Don't think that's a PRS, BTW - but whoever sponsors him should make him a guitar with a bigger body - they look like toys - he's a big dood.
 
Gibson's are pretty much all i play. I like the older style Gibson's though, the real heavy ones before they started chambering them. Something about the sound of them is just nicer.
 
And already, S&P Global, like many ratings firms, has slapped several retail stocks with downgrades. So far, it has downgraded 11 retailers and has a negative outlook on 34% of the retail companies it follows. In 2017, S&P Global downgraded 75 companies in retail.

In the report S&P said that businesses like GNC (GNC
GNC
GNC Holdings Inc
4.15
+0.97%
) and Pet Smart that are suffocating under debt from leveraged acquisitions will have a very tough year. Other retailers it believes will have a difficult 2018 include Sears Holdings (SHLD
SHLD
Sears Holdings Corp
2.56
+5.35%
), Claire’s Stores and Guitar Center Inc.

Retail Sector Likely to See More Defaults: S&P Global Ratings | Investopedia

March 2018...I wonder if GC shut the doors would all the Ma&Pa stores celebrate or would it just be everyone going through Amazon or something?
 
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