Is Gibson Brands Headed for a Default?

Moody’s Hits Gibson Brands with Another Credit Downgrade Moody’s Investors Service, one of the largest credit rating services in the world, has downgraded the credit rating for Gibson Brands, the Nashville-based parent of Gibson Guitar, Onkyo, Teac, KRK, Philips, Stanton … Continue reading

Gibson Brands Takes Control of Onkyo Corp.

BREAKING NEWS In a filing with Japan’s JASDAQ stock exchange, Onkyo revealed this week that at the end of June, major investor Gibson Brands became the largest shareholder for the first time since its relationship with the Osaka-based manufacturer of … Continue reading

Gibson Brands Hires New COO, Hit With Another Credit Downgrade

Gibson Brands announced Tuesday that it has hired Lee Cheng as its new Chief Operating Officer (COO) and executive vice president. This appointment takes effect immediately and follows a recent additional credit downgrade by the Moody’s Investor Service. See more … Continue reading

Moody’s Downgrades Gibson Brands Credit to Junk

Gibson Brands CEO Responds to Moody’s Downgrade The music industry is positively buzzing about the announcement late last week by Moody’s Investors Service that, for the second time in three months, it has downgraded the credit rating of Nashville, Tennessee-based … Continue reading

Gibson Brands Opens Showroom in Tokyo

Gibson Brands (née Gibson Guitars) announced last week that it has opened a showroom in Tokyo, Japan that it calls a “pioneering music lifestyle concept showroom.” Although Gibson Brands owns many different brands, this particular showroom focuses on just three … Continue reading

Oops! I Did It Again – Gibson Brands Buys Accessory-Maker WOOX from Philips

Oops, they did it again (to quote pop icon Brittney Spears) – Gibson Brands has acquired WOOX Innovations, a Singapore-based brand of accessory products, from owner Royal Philips, N.V., according to an announcement from Philips earlier this week. Another in … Continue reading

Niche Speaker Manufacturer Cabasse Appoints Integra as U.S. Distributor

In a brief announcement today, Cabasse – a French loudspeaker manufacturer with a small niche following here in the U.S. – announced that it has appointed electronics brand Integra as its “exclusive” distributor for the United States. This new relationship … Continue reading

Gibson Brands Goes ‘Back to the Future’ to Celebrate 120 Years

Gibson Brands took advantage of the Consumer Electronics Show in Las Vegas to make a bit of a show of their own to celebrate 120 years in business. The company, which serves up 23 different brands of musical instruments, professional … Continue reading

Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland

Gibson Brands announced this week that it it has signed a letter of intent with Roland Corp. and Cakewalk, Inc. to acquire Cakewalk Inc., a music software company, for an undisclosed amount. The deal is pursuant to the successful negotiation … Continue reading

Gibson Brands Goes Looking for an Advertising Agency on AMC’s ‘The Pitch’

  Gibson Brands (formerly Gibson Guitar) announced today that CEO Henry Juszkiewicz will be featured on an episode in season two of AMC’s reality show “The Pitch.” The show chronicles the steps that rival advertising agencies go through to win … Continue reading