Gibson Makes Coupon Payment; CFO is Out

Debt Holders Increasingly Anticipate Bankruptcy Filing Gibson Brands announced at the end of last week that it had successfully completed a $16.6 million coupon payment to holders of its $375 million 8.875% senior secured notes due 2018. This news, a … Continue reading

Old Pro Bryston Partners with Rookie StormAudio

In sort of a cross-technology sharing agreement, Bryston says it has partnered with relative newcomer StormAudio to create new products that will embody shared technologies from the two premium companies. According to the announcement, the agreement will enable “both companies … Continue reading

Monster Throws a ‘Hail Mary,’ Pays Millions for Super Bowl Ad

Monster, Inc. (formerly Monster Cable) announced this week that it is launching its first ever television ad during the NBC broadcast of Super Bowl LII this Sunday, February 4. Usually the biggest TV event of the year, Super Bowl commands … Continue reading

Yet Another Investor Sues Gibson Over Soured Deal

The Plot Thickens in This Sales Triangle Just last week, we learned that real estate investment company Somera Road filed a lawsuit in the Davidson County Chancery Court in Nashville, alleging that Gibson Brands had reneged on a deal to … Continue reading

Thiel is Toast, Specialty Audio Takes Another Hit

After a tumultuous five-year period, which began in 2012 when Thiel was sold to Tennessee private investor David B. Griffin, we can now confirm that Thiel Audio has been closed for good. Failing some kind of 11th hour rescue, another … Continue reading