Brando
The problem is that I also have every expectation that Gibson will limit their solution to whatever is mandated/necessary under the law or by creditor agreement etc. These are the same people who simply walked away. If they can simply "walk away" again from their "obligation" to keep the servers running, I would bet that is what they would/will do.
Gibson are staring bankruptcy in the face.
US bankruptcy law differs from that in the UK so I don’t know if the same thing holds true, but if a UK company is in serious difficulties then becomes bankrupt and has been giving away potentially valuable assets - like the code or activation keys for saleable software - while knowing bankruptcy might be coming, there are all kinds of unpleasant legal implications for the company and directors. They might be regarded as having denied their creditors the value of whatever that product might have fetched when the receivers sell off the company assets. Among other things, such as being banned from holding a directorship again, the protections normally awarded to a limited company might be revoked and/or the directors held personally liable for some or all of the debt.
Gibson aren’t in a financial position to choose what they’d like to do, whatever that may be. They need $520,000,000 to hand to their creditors by July or find a way to re-schedule that debt and maybe more. Gibson Brand’s credit rating is in the “junk” category, so re-financing is not very likely and if it happened would almost certainly require big changes at Gibson from whoever put the money up.
Cakewalk as a brand hasn’t made money for years. It survived as long as it did by being bought by Roland who then sold it to GIbson when Roland were in financial difficulties. My guess is both Roland and Gibson thought either Cake could be turned round and make money or provide a “value adding” asset to their stable of brands. Not an asset that directly makes money itself, but helps the other companies in the group make money.
Unfortunately once the bankruptcy court appears over the horizon companies start shedding anything and everything that doesn’t make money right now, this instant. Because if it isn’t making money, it’s costing them money they don’t have.