
The guitar-maker favoured by everyone from Jimmy Page to Johnny Marr has filed for bankruptcy. But with old models fetching up to £200,000, the firm should still be able to trade on its reputationIt is impossible to imagine recorded music without Gibson guitars. Pick a guitarist, regardless of style or genre, acoustic or electric, and they will have played a Gibson somewhere along the line. Chuck Berry’s sliding introduction to Johnny B Goode? Played on an ES-350T. Jimmy Page’s thunderous riff on Led Zeppelin’s Whole Lotta Love? That’s a Les Paul. A list of Gibson guitar players – from Robert Johnson, Bob Dylan and Neil Young to Sheryl Crow, Dave Grohl and Johnny Marr – reads more like the Rock & Roll Hall of Fame than a brand’s endorsees. Few guitar firms, if any, can quite match Gibson’s blend of heritage, quality of sound, aesthetic beauty and iconic appeal. But thanks to some terrible business decisions, musicians might soon have to do without their precious Gibsons. The firm, which has been making stringed instruments since 1894 (it wasn’t officially founded until 1902) filed for Chapter 11 bankruptcy this month, to hold off its creditors while it restructures. It had...
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