Tag Archives for " Gibson "
It has tuning issues, it’s neck-heavy, the neck is fragile, and reportedly, Les Paul hated it, but the Gibson SG is still a great guitar. It’s so light and has a great sound that once you get used to one, it’s hard to go back to any other Humbucker guitar.
Brought out as a redesigned Les Paul model after the sales of Les Paul declined, after a few years the SG became it’s own model. And what does the SG stand for? “Solid Guitar,” although we all wish it were something more exotic.
I’ve posted some of these “5 things you didn’t know about...” videos before and they’ve been met with great enthusiasm, so here are 5 things you probably didn’t know as the Gibson SG.
If you’re a guitar player you may own a Les Paul, and if you’re an engineer you probably have to record one from time to time. That’s a good enough reason to learn all you can about the instrument, so here’s a great video that points out 5 things you probably didn’t know about the instrument. Previously I posted something similar post about both a Strat and Tele that was so popular I thought I’d do the followup on a Les Paul.
One of the things that Philip McKnight talks about in the video is the pickup strength of the Les Paul and how the Burstbuckers supplied on current model aren’t as hot as everyone thinks. It turns out that high-output pickups generally don’t sound nearly as good as the quieter ones, regardless of the make or brand, and this is a perfect example.
That said, check out the 5 things that you should probably know about the instrument.
There are signs that Gibson’s move to diversify isn’t working out as planned. Moody’s Investor Service has downgraded Gibson Brands (formerly Gibson Guitar Corporation) credit to junk status, and according to reports, the company has put up two of its Nashville warehouses for sale as a result.
Moody’s gave 3 reasons for the downgrade:
1. “Weak operating results” as a result of a poor reception to the company’s 2015 guitar line.
2. Frequent management changes in its finance department.
3. The company’s recent move into consumer electronics and the associated risks of doing so.
Starting in 2012, Gibson began to buy consumer electronics company like Onkyo and Teac. Prior to that, it had purchased the Stanton Group, which included Cerwin-Vega, Stanton DJ and KRK. In 2014 the company acquired Woox, a Singapore-based company specializing in consumer electronics accessories.
According to an article by Ted Green, this most recent acquisition left the company over-leveraged and the company is facing $100 million in payments over the next 22 months. Speculation is that the company doesn’t have the cash to make these payments, which is the reason for the sale of the two Nashville warehouse properties.
Gibson has done a number of business maneuvers in the last few years that have been head-scratchers, but the fact of the matter is that the company is trying to grow by expanding beyond MI. The problem there is that unless you know the other markets well, it’s very difficult to play in the land of the really deep pockets. Let’s see what happens over the next few months.