RedShark on MAGIX Purchase

Grazie wrote on 5/26/2016, 4:33 AM
Dunno if this has been posted yet, but it adds to the relief - yeah?

"Update on the sale of Sony Vegas to Magix (Further update: Sony's own statement). "

Nice one Mr Shapton!



vkmast wrote on 5/26/2016, 5:37 AM
Thanks for the link, Grazie.
PeterWright wrote on 5/26/2016, 6:46 AM
One little thing - several announcements haven't mentioned DVDA - have I missed something?

I hope so.
vkmast wrote on 5/26/2016, 7:04 AM
Pending further info, let's hope that "purchasing the " means DVD A P&S are included in those product lines. So far they have been included in the standard VPro / MSP packages.
Some streamlining is probable of course though.
Terje wrote on 6/1/2016, 3:42 AM
The vast majority of software acquisitions end up being failures. In this case, the brain-power of the SCS team is probably mostly gone already. This means that Magix is going to have to invest at least six months in just learning the ins-and-outs of the new software source. Probably no less than 6-10 developers. That's three to five man-years of investment just to get up and running. Then there will be another six months until any real changes can be made.

My bet, but I'd love to be wrong, is that we'll end up with Vegas users getting a good deal on upgrading to Magix software and that's it.
vkmast wrote on 6/1/2016, 4:47 AM
Surprising (or not) to see such "confidence" in the new team led by Gary Rebholz, a long-time ex-SonicFoundry and SCS staffer.
videoITguy wrote on 6/1/2016, 9:01 AM
Just think about asking the original Cineform codec developers what it felt like when GOPro camera hardware brought them into the new corporate fold. You could get an earful.
vkmast wrote on 6/1/2016, 9:25 AM
No need to ask. Gary Rebholz himself replied to videoITguy in his post dated 5/28/2016 1:03:45 AM (EEST) here.
videoITguy wrote on 6/1/2016, 10:47 AM
I have the utmost confidence in the integrity and knowledge of Gary Rebholz. In my opinion he is the only staffer that has made a difference in the long-term at SCS and contributed the very best to customers.

That not withstanding, I am reminded of how many corporate makeovers I have weathered over the years, and how things change drastically over time. That is the experience that I shudder to think about when I visit Cineform today.
Barry W. Hull wrote on 6/1/2016, 7:58 PM
"In my opinion he is the only staffer that has made a difference in the long-term at SCS and contributed the very best to customers."

videoITguy, just curious, what is your opinion based on?
videoITguy wrote on 6/1/2016, 8:01 PM
Willingness to create and host webinars -much more satisfactory than the poorly written manuals of the past, and even better than previous work at monthly newsletter..