Well Looks Like Henry Has Finally Figured Out He Screwed Up

Discussion in 'The Backstage' started by TheDevice, Apr 5, 2018.

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  1. TheDevice

    TheDevice Senior Member

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    Fender CEO Andy Mooney has stated that fellow guitar giant Gibson, which faces the imminent prospect of bankruptcy, brought about its own financial troubles - and Gibson CEO Henry Juszkiewicz agrees.

    In an interview with Forbes, Fender’s head honcho stated, “We've been growing at a faster pace than the industry and enjoying that growth. Gibson’s travails are all of their own making; it’s nothing to do with the state of the industry.”

    And Juszkiewicz has taken responsibility for those mistakes, telling the New York Times his plan to transform Gibson into a music lifestyle company “wasn’t a great decision… It didn’t work out very well. I think it was a rational decision, but it turned out to be a very poor decision, and it’s a decision I made.

    https://www.musicradar.com/news/fender-ceo-andy-mooney-gibsons-travails-are-all-of-their-own-making

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  2. THDNUT

    THDNUT Senior Member

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    Just think if Elon Musk were to bail Gibson out?
     
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  3. Malikon

    Malikon Best Match! Are You Ready? Henshin! V.I.P. Member

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    #TheForumsWereRight
    # HenryShould'veListened
     
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  4. Stinky Kitty

    Stinky Kitty Senior Member

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    "Contrary to what you'll read in blogs, I don't think our consumer actually wants an inexpensive Gibson."

    Steve Jobs isn't the only one with a Reality Distortion Field..
     
  5. cjpeck

    cjpeck Senior Member

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    I would really love to see the whole interview with HJ that's quoted in that article.

    Oh, and:

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  6. judson

    judson Senior Member

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    the next chapter could be interesting...sounds like he is ready to throw the towel in, actually sort of sad really, wait and see :dunno:

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  7. Thumpalumpacus

    Thumpalumpacus Senior Member

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    Maybe angling for a minority shareholder status once the cavalry rides in?
     
  8. rockstar232007

    rockstar232007 Senior Member

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    Referring to the people who don't agree with his decisions as "trolls" didn't help him, either.

    At this point, I really don't care what happens. Many people can't afford new Gibsons, anyway.

    The good news is, he so overly-saturated the market, that in the future, used ones will pratically be given away.
     
  9. Stinky Kitty

    Stinky Kitty Senior Member

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    Who, HeartString and bulletproof like this.
  10. redjunior

    redjunior Senior Member

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    Well as far as I know, the douche don't fall far from the bag. Sorry, Hankie.....
     
  11. sk8rat

    sk8rat Senior Member

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    we'd end up with flying v's that acutally fly.
     
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  12. bulletproof

    bulletproof aka tarddoggy Premium Member V.I.P. Member

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    The first step in fixing a problem is recognizing that problem. I’m glad he’s taking responsibility....he needs to.

     
  13. Subterfuge

    Subterfuge Senior Member

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    great article .. talk about a reality check .. looks like it's finally gonna' happen
     
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  14. MikeyTheCat

    MikeyTheCat Senior Member

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    First we need to determine what HJ’s idea of an inexpensive Gibson is and what their consumer thinks it is.
     
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  15. Subterfuge

    Subterfuge Senior Member

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    does this mean that my Limited Lifetime Warranty will be Null and Void??
     
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  16. fleahead

    fleahead Senior Member

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    Maybe
     
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  17. HeartString

    HeartString Slag Eater Premium Member

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    Henry knows we all really want to be like him anyway ;)

     
  18. FennRx

    FennRx Senior Member

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    So Gibson is going out of business today?

    What about GC?
     
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  19. penguinchit

    penguinchit Senior Member

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    He probably has an account at MLP and has been reading everyone's posts.
     
  20. Thumpalumpacus

    Thumpalumpacus Senior Member

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    He does have an account here, but I doubt surveying contrary opinions is anything he spends time on.
     
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