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Originally Posted by For The Love of Music
Today’s music is not what it was growing up in the 70s and 80s, and more before that period of time, instruments seem to be taking it on the chin.
Gibson was reporting sales of 170,000 guitars a year worldwide - that’s still a lot of guitars.
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One of the problems is where will those guitars be sold, Amazon?
Guitar Center Faces Imminent Bankruptcy
As you mention, kids don't want to learn instruments anymore, it's all just synth instruments put together in a DAW if they want to "play music."
That's why sample pads are so popular; kids have always wanted to play the same music as their favorite bands, and their favorite bands rarely use actual instruments anymore.
As Gibson files for bankruptcy, are people falling out of love with guitars?
The key is Gibson wants to shed their consumer electronics business, which means uncertainty for their brands like Teac/TASCAM and by extension, Esoteric.