Rio Brand Closes Doors 377
Castar writes "In a press release today, D&M Holdings announced the end of the Rio brand. Rio had a troubled history, but were responsible for the first mass-market MP3 players as well as more recent popular players such as the Rio Karma. This closing follows the sale of Rio's IP to Sigmatel, maker of chipsets for many audio players, including the iPod Shuffle." From the release: "The company's decision to exit the Rio business followed a determination that the mass-market portable digital audio player market was not a strong enough strategic fit with the company's core and profitable premium consumer electronics brands to warrant additional investment in the category. The original goal of strategic advantage with wholly-owned and branded portable client devices was reconsidered in the context of the costs required to effectively scale and compete in this sector, where competition has grown intense. D&M Holdings will now focus all its resources on the core Premium AV business and advanced content server products."
AKA (Score:4, Funny)
In other words... (Score:2, Funny)
Translation: We're sick of getting our ass kicked by the iPod. We give up.
Things may have been different (Score:4, Funny)
Yeah... (Score:1, Funny)
Theme song for Rio's Funeral (Score:5, Funny)
Until the iPod made it seem totally bland
The loss of profit was too much for it to stand
Oh Rio, Rio Apple killed the Rio Brand
Re:Thanks a lot Apple (Score:3, Funny)
Really? You don't just warranty it when it quits working???
Re:Disposable computing. (Score:1, Funny)
Only on Slashdot... (Score:1, Funny)
Re:One fan sorry to see them go (Score:2, Funny)
Yeah. Lossless sucks. Dumbass
Now why don't you go back to cobbling together your PIII in the basement. The adults are talking now.
Re:If I had a $1 for every person who wanted Ogg . (Score:3, Funny)