All guitar lovers will know in advance what the name Gibson means.. And more than one will surely have shed a tear upon learning that this iconic brand of instruments from the United States has filed for bankruptcy..

But, before continuing with the regrets, the good news is that the brand will continue and not disappear and, thus, guitar legends will continue to appear in charts and photos with a Les Paul or SG in their hands, Among some of these characteristic instruments.

Whoever talks about Gibson immediately associates the brand with musicians of the stature of Jimmy Page (Led Zeppelin), Slash (Guns ´n Roses) o B.B. King, with his unforgettable Lucille. But the list goes on and on, with names like Joe Perry's (Aerosmith), Bob Marley, Ace Frehley (Kiss), Eric Clapton, Marc Bolan (T-Rex), Chuck Berry o Jeff Beck.

However, the problem of the brand founded on 1902 lies in the exorbitant debt of 500 millions of dollars that the company cannot afford. Thus, creditors will take control of the firm.

As explained by the until now executive director of Gibson (since 1986), Henry Juszkiewicz, This measure will allow the brand to "ensure long-term stability and financial health".

One of the main breaks in Gibson occurred in 2014, year the company took over the audio division of Philips, with a cost that climbed to 135 millions of dollars, but nevertheless, this experience was not good at all, leaving a large sum of debts on the road.

Through your creditors, Gibson will be dedicated solely to the manufacture and marketing of its classic musical instruments.

With manufacturing points in the cities of Nashville, Memphis y Bozeman, Gibson sell close to 200 thousand guitars a year in 80 countries. Notably, despite bankruptcy, sales rose ten percent in 2017 generating an income of 122 millions of dollars.