Gibson files for bankruptcy
Posted by Josh Taylor / May 2, 2018
Gibson guitars are among the most iconic instruments on the planet. So many musicians play(ed) Gibson guitars that it would take forever just to listen them: Slash, Jimmy Page, Zakk Wylde, Ace Frehley, and Bob Marley all play Les Pauls. Other famous players include Chet Atikins, Chuck Berry, Eric Clapton, Sheryl Crow, and Jimi Hendrix. Basically, Gibson is part of rock and roll history. So what happened? Basically, cyclical debt that forced Gibson into a downward spiral.
Full story at Bloomberg.
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Great Blog! Sad to hear the news though, my cousin owns one of the guitars!