NASHVILLE — Following their long-awaited decision to file for Chapter 11 bankruptcy protection, Gibson Brands, Inc. has made clear its intentions to “maybe sell a few guitars” in an effort to make ends meet early this morning, a source close to the matter confirmed.
“We’re definitely thinking about it… we’re still not sure,” CEO Henry Juszkiewicz said in a four minute YouTube bankruptcy-filing demo. “Our designs have been popular among a wide variety of musicians in top hats, ranging from everyone in the 1920’s to now only Slash, and while we are very attached to some of these, in order to get by, Gibson is probably going to have to sell a few guitars.”
No official statement has been released by the legendary guitar maker, though the suspicious influx of Nashville-area Craigslist ads for “rarely used” Gibson products suggests the process has already started.
At press time, Epiphone has announced they are filing a similar, but cheaper “Chapter 10” version of bankruptcy.
This is a breaking news story. More updates to follow.