Yes, something that is not very widely known, Gibson Brands, Inc., bought in 2014I note the statement that only 25% of Gibson's revenue comes from guitars. The rest comes from "consumer electronics".
Gibson CEO is INSANE. They're in trouble and I'm sure their recent changes severely affected their guitar sales. This is good news.
Yes, something that is not very widely known, Gibson Brands, Inc., bought in 2014
http://audio.teac.com/news/display/914/
the audio, video, multimedia and accessories business of Dutch electronics giant Royal Philips.
That business is now called Gibson Innovations (previously WOOX Innovations):
https://www.gibsoninnovations.com/en/home
Gibson Innovations business owns the following brand names:
Philips, Philips Fidelio, GoGear, Trainer, Onkyo and Gibson.
Gibson Innovations is a brand licensee of Koninklijke Philips N.V.. Gibson Innovations itself is a Gibson Brands company.
Gibson Brands also made a strategic investment in TEAC in 2013: http://audio.teac.com/news/display/832/
All in all “Gibson” owns over 100 well known brandnames now (Epiphone, Kramer, and Steinberger, Baldwin, Slingerland, Tobias, Cerwin-Vega!, TASCAM, Echoplex,…)
So its only logical that Gibson Guitars is only a small part of the Gibson Brands, Inc.
Ralf
Not sure, can't really find anything new about it. FMIC has not updated their "brand name" website since a long time as it still shows KMC brand names there but KMC Music was sold in February 2015 to JAM USA LLC and some brands were sold to Drum Workshop.And to veer, several years ago FMIC was trying to make a push into consumer audio. I think their strategy explicitly used "Fender" in the names but I have not seen it in a while. Did they back out of consumer audio or they also behind other names or...?
Wow. How can an R&D department make such an epic blunder? So bad that the company has to return to 2012 specs to undo the damage?
Neal
Epic blunder!!! LMAO!! :encouragement:Two words. "New Coke"
To be fair, Gibson has been 'experimenting' with their guitar designs for a long time. In 1961 they replaced the now iconic carved top, single cutaway Les Paul with what we now call the SG? It took 7 years for them to realize that was a mistake.
Wow. How can an R&D department make such an epic blunder? So bad that the company has to return to 2012 specs to undo the damage?
Neal
Just picked up 2 new Gibbys (acoustics) yesterday and inspected them. What a bunch of crap! Well, I guess if you don't care about things like fit and finish, or attention to detail. Sad to think someone may pay over $2K for these. Back in the day (Kalamazoo) these guitars would have never left the factory. In fact, they wouldn't have made it through the manufacturing process. Just plain sloppy; their Chinese Epiphones are aesthetically superior to the US made Gibsons.