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

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 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

BREAKING NEWS
Weissburg Leaves Gibson Guitar & Onkyo

>>ALERT EXCLUSIVE<< The ALERT has learned that Bob Weissburg has resigned from his position at Gibson Guitar effective immediately. The surprising news comes just three months after Gibson announced it had hired Weissburg, the former President of Sales and Marketing … Continue reading

Ex-D&M President Weissburg Heads to Gibson Guitar

<March 6, 2012> Gibson Guitar announced yesterday that it has hired ex-D&M President Bob Weissburg as global executive vice president – a new position at Gibson. Although Weissburg’s focus will likely be their consumer electronics and pro divisions, Gibson says … Continue reading