photo: Gibson Brands, Inc.
Gibson Brands, Inc. declared bankruptcy in May, but the company is soldiering on with a brand-new electric guitar line-up.
Dont expect to find fancy add-ons or tech-related doodads in this simplified range. And thats on purpose.
Just recently, Gibson asked a federal bankruptcy judge to absolve the company of a $60 million debt from Tronical GmBH, a German maker of automatic tuning pegs. That idea flopped for Gibson, and the company is dialing back toward its roots.
Earlier this year, we detailed Gibsons harrowing crash into bankruptcy. But a Chapter 11 filing is designed to protect ongoing operations, and hopefully help the company get back on its feet again.
But those looking for cheaper price tags sho…
Read the full article at: https://www.digitalmusicnews.com/2018/09/05/bankrupt-gibson-2019-electric-guitar-lineup/