DV Info Net

DV Info Net (https://www.dvinfo.net/forum/)
-   What Happens in Vegas... (https://www.dvinfo.net/forum/what-happens-vegas/)
-   -   Vegas & Sony news (https://www.dvinfo.net/forum/what-happens-vegas/18446-vegas-sony-news.html)

Yi Fong Yu January 1st, 2004 11:08 PM

quick question, why did sonic foundry sell vegas4 to sony? was it only $? that'd be kinda shortsighted.

Will Fastie January 2nd, 2004 09:48 AM

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.

Will


All times are GMT -6. The time now is 05:39 AM.

DV Info Net -- Real Names, Real People, Real Info!
1998-2025 The Digital Video Information Network