This may ultimately be Gibson’s death blow: a $60 million lawsuit from Germany’s Tronical GmBH for non-payment on auto-tuning tech that Gibson users evidently opted not to use. Gibson is currently attempting to dismiss the lawsuit in bankru…
Category archives: Instruments
Bankrupt Gibson Guitar Is Trying to Dismiss a $60 Million Supplier Lawsuit
This may ultimately be Gibson’s death blow: a $60 million lawsuit from Germany’s Tronical GmBH for non-payment on auto-tuning tech that Gibson users evidently opted not to use. Gibson is currently attempting to dismiss the lawsuit in bankru…
Private ‘CEO Wanted’ Ad Apparently Belongs to Gibson Guitar
Troubled guitar manufacturer Gibson might be looking to replace their current CEO — at least according to a new job listing. Current Gibson CEO Henry Juszkiewicz recently stated that he would remain CEO for a while. Then, he would step down as an acti…
GSO Capital Partners Is the Latest Creditor to Reject Gibson Guitar’s Bankruptcy Plan
Gibson Guitar’s financial mess has only been worsening since declaring Chapter 11 bankruptcy. After months of speculation, Gibson Brands, Inc. finally filed for bankruptcy protection back in May. But it’s unclear if the company is going to…
GSO Capital Partners Is the Latest Creditor to Reject Gibson Guitar’s Bankruptcy Plan
Gibson Guitar’s financial mess has only been worsening since declaring Chapter 11 bankruptcy. After months of speculation, Gibson Brands, Inc. finally filed for bankruptcy protection back in May. But it’s unclear if the company is going to…
Metallica’s Kirk Hammett on the Guitar: ‘Like all instruments, there’s a time when it goes out of fashion.’
Metallica will never die, but will the guitar? Now, another guitar god is commenting on the 6-string’s demise. By now, it’s a tired cliché. But if ‘rock is dead,’ then by default, so is its most revered symbol. But maybe the …
Fender, Yamaha, Casio, Roland, and Korg Face Federal Price-Fixing Charges In the UK
Are major instrument manufacturers setting artificially high prices? That’s the allegation of regulators in the UK, who are investigating suspicious practices by popular manufacturers Fender, Yamaha, Casio, Roland, and Korg. The UK’s Compet…
Sony Is The Latest Investor In Roli’s Totally Reimagined Keyboards
The Sony Innovation Fund joins a healthy list of Roli investors. Sony has just been added to the list of investors of Roli, with a highly-strategic intent. Roli, established in 2013, is best known for Seaboard, which now has several models. Basically…
Breaking: Gibson Guitar Structures a $135 Million Bankruptcy Lifeline
Gibson Guitar’s post-bankruptcy financing deal has been finalized — but this is a long way from being over. It’s going to be an uphill battle for Gibson Guitar. But at least there’s cash to keep the operation running for at least a f…
Breaking: Gibson Guitar Structures a $135 Million Bankruptcy Lifeline
Gibson Guitar’s post-bankruptcy financing deal has been finalized — but this is a long way from being over. It’s going to be an uphill battle for Gibson Guitar. But at least there’s cash to keep the operation running for at least a f…