Just read that Gibson is selling its Memphis factory for a reported 17 million and that the company is over 500 million in debt. Just wondering how and if this may affect Gibson brands which I understand Cakewalk is a part of. Hopefully, no changes nor reduction in support and resources are forthcoming.

I wouldn't get too focused on the debt issue. In my last day job, the division I worked in had an annual operating budget of 800 million dollars. That's what it cost just to run. The only time it becomes an issue is if they can't service the debt or their access to further capital becomes blocked.

digimidi
Hopefully, no changes nor reduction in support and resources are forthcoming.

It's already happening, and it has been happening for a while now. Cakewalk's official support tanked around 2 years ago. Now Gibson is selling factories and firing C-level executives. Hopefully, they can still turn it around.
 
I get the impression Cakewalk is betting big on Momentum - https://momentum.cakewalk.com
 
Momentum is a tough sell, from my perspective, and I've been into mobile music making for a number of years.

I hope they didn't put too much into it. I predict it will tank with a resounding thud. They should have fired whomever came up with it.

Momentum could make the Sonar for Mac debacle look good by comparison...

I'm willing to bet - how much would you like to bet?
 
Gibson is in the process of, or finalizing a purchase by, some sort of Chinese Private Equity firm who plans to manufacture Gibson's in Shenzhen, or Shanghai or something of the sort.  Gibson's Memphis Factory will become some sort of Mall, or Hotel or mixture thereof

You mean the $300 Chibsons I see on the net will be  legit now? Oh the irony.

Historically, and I have read comments from other forums about everything Gibson, they acquired entities, entity gets ruin and sold out to another entity. 

If there is a history then this simply tells me that there is a lack of focus on core business.

I would have been more excited if Cakewalk was acquired by some other company but the past is the past.

Audioicon
Historically, and I have read comments from other forums about everything Gibson, they acquired entities, entity gets ruin and sold out to another entity. 

If there is a history then this simply tells me that there is a lack of focus on core business.

I would have been more excited if Cakewalk was acquired by some other company but the past is the past.

Cakewalk still fared better than Gibson's previous acquisition, Opcode. 

Rain

Audioicon
Historically, and I have read comments from other forums about everything Gibson, they acquired entities, entity gets ruin and sold out to another entity. 

If there is a history then this simply tells me that there is a lack of focus on core business.

I would have been more excited if Cakewalk was acquired by some other company but the past is the past.

Cakewalk still fared better than Gibson's previous acquisition, Opcode. 

Wondered what happened to them!  LOL.