bankruptcy

Disrupt Festival promoter Synergy Global Entertainment files bankruptcy
Disrupt Festival promoter Synergy Global Entertainment files bankruptcy
Synergy Global Entertainment, the independent concert promotion company started by  John Reese, has filed for Chapter 7 bankruptcy protection. The filing reveals the company owes $8.4 million to its creditors. The company is behind many major music festivals such as Ozzfest Meets Knotfest and this summer's first Rockstar Disrupt Festival. Re...
Gibson guitars files for bankruptcy
Gibson guitars files for bankruptcy
Gibson Brands, Inc., the rock-n-roll archetype of guitar manufacturing formerly known as Gibson Guitar Corp., announced on Tuesday that it's filing for Chapter 11 bankruptcy protection, according to a report from Rolling Stone. Read more: Guitar Center fires 100+ employees Confirming previous rumors of a looming bankruptcy, Gibson will enter a period of "re-focusing, reorganizing and restruc
Gibson issues statement on bankruptcy, getting back to “financial success”
Gibson issues statement on bankruptcy, getting back to “financial success”
Earlier this week, it was reported that Gibson guitar company is facing "imminent" bankruptcy, and the company has issued a statement regarding their financial situation. Read more: Gibson reportedly suing Funko for using Les Paul designs "While the musical instrument and pro audio segments have been profitable and growing, they are still below the level of success we saw several y