Gibson may default on it's loans if it can't get refinanced...

Read about it here

https://www.thestreet.com...efinance-its-debt.html

Yeah, I just saw that one and started a thread. Maybe someone can join them up....
 

All I can say after reading that is "Oh, no!"

Really poor leadership in my opinion. Auto-tuning mechanisms on a $2,400 guitar? Seriously? How about a set of Spretzels and give a free tuner and call it a day.
 
I think this company lost it's way. They could have focused on being a premier - and less available - brand. Instead they thought they could chase the casual hobbyist with a $2,400 guitar. 
 
I have a couple of Gibsons and like them. Well, I LOVE my 335 and like a lot by Gibson Les Paul. However, I casually shopped for a Les Paul for a few years before I found the one that spoke to me; they were all so different from a company that mass produces...

This is not good. Thanks for sharing anyway.

I have seen at many different places around the net, people refer to Gibson as the place where products go to die

Wow. I can't imagine a world without the Gibson guitar company... If they go bust, what happens to Cakewalk? I know my Gibson guitar (and perhaps my Tobias) will increase in value! :p

Well so much for my "Lifetime" updates...

Just because a company might default on their loans (or even if they do) does not mean they will shutter the place.  And a lot can happen in a year.

Hopefully things will be ok and if not another company will buy cakewalk. I think cakewalk has gotten better recently, but Gibson seems to have gotten worse these last few years. Too many missteps with their guitars.