• Coffee House
  • Interesting info on Roland's sale of Cakewalk to Gibson...
2017/11/23 03:23:30
Amicus717
Found this online while researching the Roland/Gibson sale from 2013: https://www.roland.com/RolandComSite/media/global/release/pdf/2013/20130924.pdf
 
If I'm reading it correctly, it lists the value of the company, plus it's financials, and it doesn't look like Cakewalk was profitable -- at least at the time...Or am I misreading the document? I could be. Figured some folks might find it interesting, under the circumstances... 
2017/11/23 03:57:36
mettelus
Interesting find. The sales numbers sort of shocked me in that (10,307 for CY2010), since I would *assume* that is any product (Producer, Studio, Basic, Music Creator, Z3TA+2, ProChannels, etc.). But you read it correctly, the net income (loss) doubled each year for the 3 years in that document.
 
The Capital Stock values of both companies are a bit freaky.
2017/11/23 04:40:57
Amicus717
It's hard to know what it means, but I think maybe it could be read as Roland divesting itself of a failing company, and Gibson picking it up in the hope of using Cakewalk's tech to juice Tascam's presence in the marketplace...Gibson was initially going to bury the Cakewalk name and rebrand as Tascam Professional. They didn't follow through and the plan was obviously dumped, but I wonder why...
2017/11/23 04:44:16
space_cowboy
revenues down ~40% in two years - not good!!!
2017/11/23 04:48:47
gprokap
So SONAR loses money?
 
 
2017/11/23 05:22:12
Keith Albright [Cakewalk]
mettelus
Interesting find. The sales numbers sort of shocked me in that (10,307 for CY2010), since I would *assume* that is any product (Producer, Studio, Basic, Music Creator, Z3TA+2, ProChannels, etc.). 

The 10,307 is in thousands, so 10,307,000
 
2017/11/23 05:29:57
mudgel
While you’re there Keith can you clear something up for us regarding activation.

I was under the impression that Sonar has to call home monthly via CCC to maintain activation. Concern being if the servers go down we won’t be able to use Sonar.
2017/11/23 05:41:07
AT
Yea, I was going to point out the 000.  But that also includes the Tascam "giveaways" I would think.  Still, I got into Cakewalk from their 4-track (?) Plasma DAW I got in a mag.  Trés cool since it could loop acid files.  One of the first, but then, Cake was always cutting edge.
2017/11/23 05:46:44
rabeach
privately owned business and doing $10,307,000 in sales and not profitable says to me that the profit is the owner's salary. :-)
2017/11/23 05:48:28
Amicus717
I read it as thousands and millions. The drop in sales and the minus operating income is what caught my eye. 
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