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Although it is well known for its guitars, Gibson's largest business is in fact electronics.[citation needed] Gibson offers consumer audio equipment devices through its subsidiaries Gibson Innovations (Philips brand), Onkyo Corporation (Onkyo and Pioneer brands), TEAC Corporation (Teac and Esoteric brands), Cerwin Vega and Stanton,[6] as well as professional audio equipment from KRK Systems and TEAC Corporation/TASCAM.
None of the posts so far have addressed the real reason Gibson is going into bankruptcy: poor management decisions that have nothing to do with their legacy musical instrument business. Quoting from yesterday's Wall Street Journal:
Doesn't sound like a consumer problem, sounds like a management problem
Uh, that's exactly what my posts were about above..
My understanding is that they did not pass on a shady ebony deal like everyone else did and they got caught.
As a parent with an 11 year old in school right now, I've seen that we've been cutting funding (and class time) for the arts for decades now. Well all you shortsighted stupid fiscal conservatives, this is what you get - less people get a solid exposure to the arts as kids, so you see a lack of interest later in life. It's disgraceful how little we spend on education in this country. And the "solutions" we provide are just more stupidity. Instead of properly funding the schools/programs/teachers, we just eliminate things that are "not core" and focus all our effort on the "core subjects" which we also suck at because it's also underfunded. The simple and obvious answer is to properly fund our schools. But no, the idiot fiscal conservatives don't want to pay a single $ extra in taxes. So here we are. Hope those people that are whining about a decline in musical interest realize that you are very likely not just part of the problem, but actually causative.
Funding ain't the problem. Public schools suck and if were allowed to take our money elsewhere, we could start to correct that problem. Main problem we have though starts at home.I can tell you are Liberal. There goes the insults right from the start. Liberals run the education system. Maybe it's time for a change.
Yes, liberals are the problem. That's why the red states have the best education systems! Oh wait, they don't. In fact, the blue states, with the better funded education systems have better outcomes. Shocking that the states that spend more on education get better educated kids! What kind of crazy logic is that??!!?? But here's where I agree with you. If you look at an individual kid (or even an individual school district), then yes, it is true that if you take all the high performing kids out of the public schools and put them into a private "high performing" school, then that minority of kids get a better education. But it also royally screws over EVERYONE ELSE. But I suspect you are a conservative, and therefore don't give a flying flip about anyone else but yourself.You are probably also the type of person that whines about the "decline" of our modern society. And you don't see that your ideas directly contribute to this decline.
Actually this has veered to much into politics and for that I apologize.
We have to stop.Back to our regularly scheduled postings complaining about audio.
Gibson page on Wikipedia: https://en.wikipedia.org/wiki/Gibson