jude77
BobF
After thinking about this for a few days, I don't see how Cakewalk can go unsold. Lenders don't take kindly to borrowers throwing away assets that could be used to pay back debt. Even if only pennies on the dollar.
Push comes to shove, Gibson will have to get what they can for whatever holdings they have in order to pay back as much of what they owe as they can.
I wouldn't be surprised in the least to learn later that Cake was legally "frozen" by lenders to prevent further losses until Gibson pays up.
Just sayin'
I wish it would happen. My guess (and it's only a guess) is that Gibson has tried to sell CW already.
If there is any value at all in Cakewalk's IP/code base, it would be absolute insanity to throw it in the trash. I say this with zero knowledge about contractual obligations that have been tied to it all along the way.
Right now if you're a buyer of such things, why not wait to see just how desperate things get? If Henry pulls Gibson back from the brink, then he may be able to do better than whatever the current best offer is (if any). If Gibson ends up in receivership, the bargains will be even steeper to potential buyers.
By now we've all seen the data. Cake has been losing money for a long time. Any potential buyer is going to want to get some ROI ... risk/rewards.
The problem for those of us that want our Cake NOW is that all of this will take time to play out. It's a real pain for us, mainly the not knowing part because SONAR still works fine, but the game we're waiting for the completion of is played with pieces that have a lot of zeroes behind them, BEFORE the decimal point. And to make matters worse, you can bet pretty safely that there is more than one lawyer involved.
So we wait.
Keep using SONAR (and other Cake goodies), but if you're livelihood is dependent on your proficiency, it would be a good idea to be prepared with a contingency if MS screws up your world.
I feel for these guys. The job loss is bad enough, but some of these guys have put a couple of decades of their souls into this thing. Watching the plug get pulled on something you're personally heavily invested in isn't easy.
So, we can petition, ****, throw fits, make threats, etc., and as Alex has pointed out probably feel better, but the game won't change. The timeline won't compress. When it gets to this point there are compulsory steps to be taken that no amount of desire can get around.