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Just fine them a million bux per guitar And also samsh them
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Apr 28, 2018 17:49
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Shugojin posted:Just fine them a million bux per guitar By them you mean the executives right?
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Apr 28, 2018 18:54
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No, you're using the wood from the smashed guitars to make reclaimed wood guillotine for the executives
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Apr 28, 2018 19:04
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Apr 28, 2018 19:48
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Shugojin posted:No, you're using the wood from the smashed guitars to make reclaimed wood guillotine for the executives 
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Apr 28, 2018 22:02
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Fantastic, thanks! I'm going to step into one real quick next week for a pack of strings so naturally I'll need to print out about 30 of these, one for every time a sales dude will accost me.
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Apr 28, 2018 22:07
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GreatGreen posted:Fantastic thanks I'll need to print out about 30 of these, one for every time a sales dude will accost me when I go there to get a single pack of strings next week.
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Apr 28, 2018 22:09
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Jonny Nox posted:Yes. That is the point. Making destroying rare trees have no benefit. At least auction them for a related charity or something but that’s hoping for too much. Fine them instead and use it towards conservation. There’s too much waste in the world as is. Kilometers Davis fucked around with this message at 22:38 on Apr 28, 2018 |
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Apr 28, 2018 22:35
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Kilometers Davis posted:At least auction them for a related charity or something but that’s hoping for too much. Fine them instead and use it towards conservation. There’s too much waste in the world as is. Then they become rare and coveted prizes further incentivizing other luthiers to try and cash-in before johnny law catches them. It sucks. There isn’t a desirable way to handle this.
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Apr 28, 2018 23:34
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It’s a shame but hopefully it’s moving things in the right path for the future.
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Apr 28, 2018 23:41
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Wark Say posted:Dude just order your strings online. I thought the hype for Stringjoy was kinda dumb but once I tried them strings holy bomb were they rad. I buy strings at guitar center so I can spend 4 hours there playing every guitar that catches my eye.
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Apr 28, 2018 23:45
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Wark Say posted:Dude just order your strings online. I thought the hype for Stringjoy was kinda dumb but once I tried them strings holy bomb were they rad. Sell me on stringjoy. I’m an NYXL purist but I’m always curious about those. Note: I dislike balanced tension and don’t need custom gauges. Still worth checking out?
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Apr 28, 2018 23:50
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Spanish Manlove posted:I buy strings at guitar center so I can spend 4 hours there playing every guitar that catches my eye. Kilometers Davis posted:Sell me on stringjoy. I’m an NYXL purist but I’m always curious about those.
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Apr 29, 2018 00:40
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Gibson Chapter 11 Guess that's that.
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May 1, 2018 16:05
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Jonny Nox posted:Gibson Goddamn Guitar Centers setting up shop next to strip clubs and drug dealers. vvv edit: 40%? lol, in terms of total sum of price tags, maybe. GreatGreen fucked around with this message at 16:37 on May 1, 2018 |
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May 1, 2018 16:07
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"The company claims market share of more than 40% in electric guitars" That's a creative way of looking at their lineup
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May 1, 2018 16:26
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Since I'm not a US resident, can you dumb it down for me? Does that mean Henry J. and his jolly crew of yes-men dotards can gently caress off for parts unknown?
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May 1, 2018 16:38
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Wark Say posted:Since I'm not a US resident, can you dumb it down for me? Does that mean Henry J. and his jolly crew of yes-men dotards can gently caress off for parts unknown? It means the courts are protecting them from being broken up by lenders. It currently means the board is given a chance to try to right the ship (generally by restructuring their credit) but it also means a judge can say gently caress it and auction off their assets THQ style and pay off their creditors with whatever money they can scrape up. CEO exit packages are low on the list of payees, I think. IANAL of course. Edit: My guess wasn't far off. https://www.bankruptcyinbrief.com/chapter-11-bankruptcy-explained/ Jonny Nox fucked around with this message at 17:08 on May 1, 2018 |
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May 1, 2018 17:05
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Shugojin posted:"The company claims market share of more than 40% in electric guitars" They surely meant the mark-up on their guitars.
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May 1, 2018 17:08
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Henry J is transitioning out in the deal so he should make out like a bamdit. loving 
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May 1, 2018 17:14
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Aw hell I hosed up the phone copy pasting and left out the qualifier of "costing over $2,000"
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May 1, 2018 17:15
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Edit: answered way better than I could. So Henry is still around, but only until the shareholders find a new CEO. I'm not too hopeful that they'll get someone who will really understand what Gibson needs though, most of the companies taking more control are realtor and investment firms. I guess time will tell. Chip McFuck fucked around with this message at 17:31 on May 1, 2018 |
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May 1, 2018 17:18
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 congratulations millennials on killing another industry
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May 1, 2018 17:29
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Just get this guy: Badda-bing, problem solved.
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May 1, 2018 17:29
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It's really annoying trying to find details right now. Although it's "funny" when every news story is word for word identical. Pitchfork is saying that Henry will transition out as a required part of their creditor agreement, everywhere else just thinks you need to know that Chuck Berry and Slash were big fans.
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May 1, 2018 17:32
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Chuck "closed circuit tv enthusiast" Berry?
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May 1, 2018 17:41
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...and now their guitars might start selling because speculators.
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May 1, 2018 18:33
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Wark Say posted:Since I'm not a US resident, can you dumb it down for me? Does that mean Henry J. and his jolly crew of yes-men dotards can gently caress off for parts unknown? it means a court signed off on the repayment deal they worked out with whoever they owe money to in practice this means the venture capital firms they're in debt to now control the company instead of the shareholders they've already decided to kill off the electronics stuff, and henry's getting his payout at some point Jonny Nox posted:It's really annoying trying to find details right now. Although it's "funny" when every news story is word for word identical. the bloomberg article pretty much covers everything https://www.bloomberg.com/news/articles/2018-05-01/gibson-files-for-bankruptcy-with-deal-to-renew-guitar-business The Muppets On PCP fucked around with this message at 19:34 on May 1, 2018 |
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May 1, 2018 19:32
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I love how if you fail and gently caress up a company you can still make a few million dollars from being fired. America owns.
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May 1, 2018 19:36
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Dang It Bhabhi! posted:Chuck "pee pee poo poo enthusiast" Berry? i guess that was the joke but lol chuck berry owns what a gross weirdo
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May 1, 2018 19:45
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Chip McFuck posted:So Henry is still around, but only until the shareholders find a new CEO. I'm not too hopeful that they'll get someone who will really understand what Gibson needs though, most of the companies taking more control are realtor and investment firms. I guess time will tell. it's not a huge company so the investors will probably sell it off in a year or two to some private equity group
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May 1, 2018 19:49
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The Muppets On PCP posted:it's not a huge company so the investors will probably sell it off in a year or two to some private equity group
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May 1, 2018 20:08
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Yamaha would be wonderful and I have to imagine they’re one of the best fits for what Gibson seemed to want to.
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May 1, 2018 20:16
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yamaha might become a minor shareholder but i doubt they'd buy them outright
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May 1, 2018 20:40
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I vote for FujiGen <3.
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May 1, 2018 21:11
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It's hard to imagine them having a CEO worse than Henry J. at the end -- of course we said the same thing about Jeffrey Loria and the Miami Marlins and look how that turned out.
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May 2, 2018 00:18
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tbf a couple different private equity firms have been majority owners of fender for years and whoever's actually running the place seems to be somewhat competent
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May 2, 2018 01:48
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I have no idea how Fender's doing financially and I don't care but speaking strictly as a person who shops for guitars I have no complaints about the way they do things. All their iconic models are available in a variety of configurations at basically every conceivable price point, their special models try some stuff but never go completely off the rails and they use their non-Fender brands in a way that makes sense. Gibson is like "you want a Flying V? LOL gently caress you come back next year, maybe" and then makes poo poo like a $4,000 lime-green J-45.
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May 2, 2018 01:59
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Yeah fender has been doing things okay. I think instruments as a whole are down recently but nobody at fender decided to buy a shitload of assorted failing brands and run up a big debt Like iirc the actual guitars part of Gibson is still not doing that badly, it's just that it's nowhere near covering the massive ~ lifestyle brands ~ fuckup
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May 2, 2018 02:11
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https://thehardtimes.net/music/gibson-execs-consider-selling-a-few-guitars-to-get-through-rough-patch/
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May 2, 2018 02:16
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