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What Happens in Vegas...
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Old January 1st, 2004, 10:08 PM   #16
Join Date: Sep 2002
Location: Boston, MA
Posts: 1,563
quick question, why did sonic foundry sell vegas4 to sony? was it only $? that'd be kinda shortsighted.
bow wow wow
Yi Fong Yu is offline   Reply With Quote
Old January 2nd, 2004, 08:48 AM   #17
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Join Date: Feb 2003
Location: Jarrettsville, MD
Posts: 353
It was survival. The sale to Sony erased, in effect, substantial debt while leaving Sonic with a viable business. Without the sale, SF's future was in doubt.

So Sonic stays in business and Vegas survives in other colors. Hard to argue with the outcome.

See the press release for 2003 financial results.

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