More news in the ongoing Gibson Saga
Read about it here

http://www.musicradar.com...ng-its-memphis-factory

Old News, Lars.  Sorry to say, but it is true.

Article says 10 hours ago...

I read about it being up for sale months ago ... does the article say a deal closed on it?
 
Wait ... maybe I read about a warehouse months ago.

I'm sure, given the current situation, they'll be offing a lot of their
properties to increase cash flow

All that would need to happen is have someone who cares buy Gibson.

BassDaddy
All that would need to happen is have someone who cares buy Gibson.

I think it's more than that. The music industry needs a shift to happen which makes instrument based music top again. Where most kids in the 90's used to take up instruments, they now take up FL Studio to make beats. That's caused a massive shift in market demand for instruments.

Yup...who wants to master an instrument when they can play with blocks?
 

yorolpal
Yup...who wants to master an instrument when they can play with blocks?
 

A lot of the guys who used to play Gibson Les Paul's and SG's have transitioned to ESP in recent years. While Gibson is still revered for vintage instruments, people buying new instruments don't seem to put much faith into Gibson's contemporary line up. From their political propaganda and poor marketing strategies to their questionable "innovations" and insane prices in recent years, Gibson has just been caught in a downward spiral...
 
Heck just yesterday, I was chatting with a kid (well, a guy in his late 20's I suppose) at work who saw the guitar on my computer screen and told me he too really loved Les Paul's and was looking forward to buying... a ESP Eclipse.
 
The truth is that if you're looking to buy a Les Paul today, there is a wide variety of options ranging from inexpensive to uber high end instruments -most of them doing Gibson better than Gibson themselves.

Around a decade ago a vintage LP was roughly $5000, now new guitars are in that range so Gibson has been pricing themselves out of market for a while now. The brand name was the biggest value at one time, but that has slowly eroded in recent years as well.