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Thunderbird Club

Gibson Files for Bankruptcy With Deal to Renew Guitar Business

The change in control will give noteholders equity in a new company, replacing current stockholders such as Chief Executive Officer Henry Juszkiewicz. According to court filings, current noteholders include Silver Point Capital, Melody Capital Partners LP, and funds affiliated with KKR Credit Advisors. The restructuring will also allow the instrument business to "unburden" itself of a consumer-electronics unit that Gibson blamed for its financial woes.

Buh-bye, Henry!


bye.png
 
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Gibson Files for Bankruptcy With Deal to Renew Guitar Business

The change in control will give noteholders equity in a new company, replacing current stockholders such as Chief Executive Officer Henry Juszkiewicz. According to court filings, current noteholders include Silver Point Capital, Melody Capital Partners LP, and funds affiliated with KKR Credit Advisors. The restructuring will also allow the instrument business to "unburden" itself of a consumer-electronics unit that Gibson blamed for its financial woes.

Buh-bye, Henry!


View attachment 3002290
Unknown-1.jpeg
 
Gibson Files for Bankruptcy With Deal to Renew Guitar Business

The change in control will give noteholders equity in a new company, replacing current stockholders such as Chief Executive Officer Henry Juszkiewicz. According to court filings, current noteholders include Silver Point Capital, Melody Capital Partners LP, and funds affiliated with KKR Credit Advisors. The restructuring will also allow the instrument business to "unburden" itself of a consumer-electronics unit that Gibson blamed for its financial woes.

Buh-bye, Henry!


View attachment 3002290


This could be a good thing for guitar lovers. If Gibson gets some good leadership at the top and refocuses on what they do best, making great instruments at a fair price, they could come back to prominence. In my opinion, for the last several years they’ve gotten way off track by making guitars no one wants and pricing them beyond what they’re worth. It’s almost like they’ve lost their minds, and it seems to be the product of the top brass being out of touch with their customers. Not to mention their complete lack of quality control, which a lot of rumors suggest is due to their employees just not taking pride in their work, which is understandable considering how they’re treated. Bye Henry, I hope the next CEO shows the world how horrible you were and how great our beloved Gibson can be.
 
This could be a good thing for guitar lovers. If Gibson gets some good leadership at the top and refocuses on what they do best, making great instruments at a fair price, they could come back to prominence. In my opinion, for the last several years they’ve gotten way off track by making guitars no one wants and pricing them beyond what they’re worth. It’s almost like they’ve lost their minds, and it seems to be the product of the top brass being out of touch with their customers. Not to mention their complete lack of quality control, which a lot of rumors suggest is due to their employees just not taking pride in their work, which is understandable considering how they’re treated. Bye Henry, I hope the next CEO shows the world how horrible you were and how great our beloved Gibson can be.
$3300 for a Les Paul Standard is fvcking ridiculous!
 
This could be a good thing for guitar lovers. If Gibson gets some good leadership at the top and refocuses on what they do best, making great instruments at a fair price, they could come back to prominence. In my opinion, for the last several years they’ve gotten way off track by making guitars no one wants and pricing them beyond what they’re worth. It’s almost like they’ve lost their minds, and it seems to be the product of the top brass being out of touch with their customers. Not to mention their complete lack of quality control, which a lot of rumors suggest is due to their employees just not taking pride in their work, which is understandable considering how they’re treated. Bye Henry, I hope the next CEO shows the world how horrible you were and how great our beloved Gibson can be.

If the new/next CEO has any smarts. My hope is that Gibson becomes competitive in the market somehow. And offers all the things we like about them, and eliminates what we don't like.
That's a big hope.
 
Are you looking for a combo?
I had an Ashdown 210 Evo 300 combo. Sounded good, a bit dark, but still good. All that said, I couldn't get rid of it fast enough - it was as heavy and hard to move as any 410 cab I've owned (that's not a good thing). Flipped it out and bought a GK MB210 ultra light combo. Couldn't be happier (well I might be tempted with a 212). It has DI out and weighs in at a whopping 30 pounds, pumps out an honest 250 watts or 500 watts with an extension cab. Added plus - GK and TBirds are a match made in heaven!

If all you're looking for is an amp - check the TB classifieds for a Thunderfunk. It's an amazing, dead reliable amp that quite literally works magic in any venue. Equally at home on upright and bass guitars and even my guitarist loved plugging into it. It has the best tone shaping and quickest dial in of any amp I've ever used. Great for those tough boomy or hard to cut through the mix situations, a quick nudge of the timbre knob and you're there.
Thunderfunk was designed by the same guy who designed the original and reissue 360, if I recall right. So, no surprise that it's a good one. I'm not 100% sure I'll even need another amp, and if I do, I'm not 100% sure exactly what I'll need. 500 watts with an extension cabinet and weighs 30 lbs sounds pretty good if it sounds good and moves enough air. The little Carvin is probably good enough for most things even though it's 250 watts, but Carvin is gone.
 
I managed to forget about Brythonic/Welsh which was once the language of the South-west of Scotland. Anyway apart from the academic/historic interest, there's no point crying over it -- languages evolve ... these things happen.

Old English:
Hwæt. We Gardena in geardagum
þeodcyninga, þrym gefrunon
hu ða æþelingas ellen fremedon


Middle English:
This Carpenter had wedded newe a wyf
Which that he lovede more than his lyf;
Of eightetene yeer she was of age.
Ialous he was, and heeld hir narwe in cage
I managed to forget about Brythonic/Welsh which was once the language of the South-west of Scotland. Anyway apart from the academic/historic interest, there's no point crying over it -- languages evolve ... these things happen.

Old English:
Hwæt. We Gardena in geardagum
þeodcyninga, þrym gefrunon
hu ða æþelingas ellen fremedon


Middle English:
This Carpenter had wedded newe a wyf
Which that he lovede more than his lyf;
Of eightetene yeer she was of age.
Ialous he was, and heeld hir narwe in cage
Chaucer?
 
Current arsenal includes an original Acoustic 360 and a Grexa reissue. That's the sound. I also have a Carvin MB12 and 115 extension cab for smaller gigs and use more with the upright than a 'Bird. The one I'm asking about would be a 'Bird amp. All about being thunderous, but smaller, lighter, and able to be left at a rehearsal space and picked up by whoever happens to be there when it needs to be moved.
Never heard a 'Bird through a 360. Would love to.
 
Are you looking for a combo?
I had an Ashdown 210 Evo 300 combo. Sounded good, a bit dark, but still good. All that said, I couldn't get rid of it fast enough - it was as heavy and hard to move as any 410 cab I've owned (that's not a good thing). Flipped it out and bought a GK MB210 ultra light combo. Couldn't be happier (well I might be tempted with a 212). It has DI out and weighs in at a whopping 30 pounds, pumps out an honest 250 watts or 500 watts with an extension cab. Added plus - GK and TBirds are a match made in heaven!

If all you're looking for is an amp - check the TB classifieds for a Thunderfunk. It's an amazing, dead reliable amp that quite literally works magic in any venue. Equally at home on upright and bass guitars and even my guitarist loved plugging into it. It has the best tone shaping and quickest dial in of any amp I've ever used. Great for those tough boomy or hard to cut through the mix situations, a quick nudge of the timbre knob and you're there.
Thunderfunk? Is that a brand?
 
Probably. I can still recite the opening lines from Canterbury Tales. Freshman English in college was some kind of survey class. I enjoyed Chaucer, but didn't give much of a rip about any of those other guys whose names I don't remember now. So, every paper I wrote for that class somehow turned into another paper about Chaucer, starting with whoever I was supposed to have read and then explaining why Chaucer was better. I got a B, if I remember right.