SonicBlue (Replay/Rio) Bought By D&M 193
An anonymous reader writes "Here's the announcement that many have been waiting for all week. Yesterday, the ReplayTV and Rio product lines of now-defunct SonicBlue were auctioned off in a bankruptcy court. Despite earlier negotiations failing to result in a deal, the Japanese holding company D&M, makers of high-end Denon and Marantz stereo gear, bought the product lines for $36.2 million. The big question is what about all of the "lifetime subscriptions" that people bought? No answers as of yet, but we can all be hopeful."
That's not much money (Score:5, Interesting)
Re:That's not much money (Score:5, Insightful)
The PVR market is still high end, still small and already saturated.
Re:That's not much money (Score:4, Interesting)
D&M already has a viable product design, they just need to keep the software updated.
Re:That's not much money (Score:1, Funny)
Re:That's not much money (Score:2)
I'd agree, and add that just the brands "Rio" and "ReplayTV" are worth more than $36 million. D&M could make their money back by Christmas, simply by branding the cheapest MP3/PVR machines they can find with "Rio" and "ReplayTV" and selling them through discount chains like WalMart.
Actually, it's even cheaper! (Score:2)
Lifetime Support? (Score:2, Funny)
Re:Lifetime Support? (Score:1)
Re:Lifetime Support? (Score:2)
That's what i've been saying for a while. Then Panasonic came out with this puppy [crutchfield.com]
Lifetime? (Score:5, Interesting)
Re:Lifetime? (Score:5, Insightful)
Re:Lifetime? (Score:5, Insightful)
Yes, but lifetime subscriptions are not an asset - they are a liability. The press release doesn't go into any detail, but I'd presume that D&M got saddled with the liabilities (court cases, outstanding debts, and lifetime subscriptions) as well as gaining the assets.
This is why $36.4M is not a "deal" by the way... and it's why they went under in the first place. They have far more liabilities than assets at this time.
Re:Lifetime? (Score:2, Interesting)
I'm guessing that "certain contractual relationships" means customer agreements.
I don't see the business case of buying a hardware company that relies on subscriptions and then stiffing your subscribers. If you manage not to upset your subscribers, you have a good pool of people you can up-sell something
Re:Lifetime? (Score:2)
Re:Lifetime? (Score:2)
Re:Lifetime? (Score:2)
Think about it some more. The lifetime subscribers are a liability. You will not get anymore revenue from those boxes... by dumping them you will lose goodwill, but in the case of Replay (where it's something like 85% lifetime contracts) it may be determined that the cost of continued support for those subscribers is far greater than the ill will you'll generate by dumping them.
Perso
Re:Lifetime? (Score:2)
Don't forget that they bought some assets through the bankruptcy court. The status of those "lifetime subscriptions" may be that they were treated as canceled debts.
Re:Lifetime? (Score:2)
Hmmm - for replay - there is phone subscriptions and net connections, there is the creation of the programming guide - that is about it.
So - you have recurring costs of supplying the guide data to the phone/internet connection. You have the guide creation cost - That's about it.
I don't imagine this is a really lar
Re:Lifetime? (Score:2)
Or debt to another company for services rendered (e.g. - whoever supplied Replay/SB with guide data)?
You can write off unpaid sales, but you can't write off things like that. In any country. In fact, under US law, if D&M was forgiven the debt by the guide company they are then liable for taxes on that unpaid debt - because it's considered the equivalent of free money.
Re:Lifetime? (Score:1)
I admit I'm not that familiar with the product line, I use a DirecTiVo myself, but I thought ReplayTV's didn't use the subscription model that Tivo uses? I seem to recall folks using that as a reason to get a ReplayTV in place of a Tivo.
But D&M will likely maintain their agreements if they intend to continue
Re:Lifetime? (Score:3, Informative)
I admit I'm not that familiar with the product line, I use a DirecTiVo myself, but I thought ReplayTV's didn't use the subscription model that Tivo uses? I seem to recall folks using that as a reason to get a ReplayTV in place of a Tivo.
When Replays first went on sale, the cost of a lifetime subscription was included with the unit, so they all cost like $500 or $600. Then they realized that Tivo's method was working better since a lot of people didn't want to put down that big a chunk of change all at o
Lifetime agreement:- Dictionary Definition (Score:2)
Re:Lifetime? (Score:2)
In the US that depends upon what state you live in and what their laws are. I was under the impression in NY that lifetime support meant for the lifetime of the product or 5 years.
By your definition if my product dies, gets lost, burned or whatever, if I still have proof of the service agreement and the company is still in business they would have to replace the product?
Re:Lifetime? (Score:1)
No. They just have to support it. Thjis does not mean they have to be sure the hardware works. Just the service.
Re:Lifetime? (Score:1)
Re:Lifetime? (Score:1)
Re:Lifetime? (Score:2)
A subtle point, but I"ll have to see if I have any info on my unit and how the program data worked. Probably don't have anything anymore...
This might hold an answer (Score:5, Informative)
-- I
Hi-fi buys lo-fi (Score:5, Interesting)
Re:Hi-fi buys lo-fi (Score:5, Interesting)
SonicBlue fired all the low end audio people a while back, leaving the audio engineers in the UK (The empeg folks). They are very capable of delivering quality high end devices if so requested. I believe the empeg sound system came close to any high end ($1000 and up) in dash stereo unit for potential audio output quality.
Hopefully this means the empeg Mark 3 might see the light of day.
Re:Hi-fi buys lo-fi (Score:3, Interesting)
Re:Hi-fi buys lo-fi (Score:1)
Re:Hi-fi buys lo-fi (Score:2, Informative)
It's more of a high-end of the low-end.
Rotel, Krell, Sunfir, Mark Levinson, anything with vaccum tubes and the list goes on are more towards the middle and hugh end of the audiophile spectrum.
You know stuff where each mono-block amp costs more than the most expensive D&M box. Or when your system has a phono cartridge that costs 5-15,000 bucks, that's high-end.
But me, I'm happy with my Denon AVR-3803
Re:Hi-fi buys lo-fi (Score:4, Insightful)
I'd argue that when your system sounds good it is high end. Thousand dollar phono cartridges only guarantee that your system is expensive. High end systems take more than just money.
Re:Hi-fi buys lo-fi (Score:1)
My Denon and Paradigms do sound good, as good as Rotels and M&Ks according to my buddy who spent twice as much as I did for Rotels and M&Ks.
But my point was there is an ass-load of stuff above and beyond Denon.
Re:Hi-fi buys lo-fi (Score:2)
Acquiring replay TV and the rio product lines doesn't exactly fit with the companies main line of work. But since they also got the names, they can simply keep on calling the replay tv the replay tv, and the rio the rio. They can sell low end (consumer grade/chomp usa/best [not to] buy) junk for revenues during the economic recession in japan, and the questionable economy here in the US.
The only question is will rebuilding iraq/building new bombs to replace the ones used
ReplayTV traditionally != lo fi (Score:2)
As a fan of both companies I can't help but be encouraged for the time being.
Re:Hi-fi buys lo-fi (Score:5, Insightful)
Re:Hi-fi buys lo-fi (Score:2, Funny)
s/probably/obviously/
Re:Hi-fi buys lo-fi (Score:2, Interesting)
Re:Hi-fi buys lo-fi (Score:3, Informative)
More like middle range, say more like a Volkswagen to a Jaguar. What the average joe thinks of as high end, but folks who are really dedicated to it know there's lots of stuff even higher and/or more specialized. Carver would more closely map to Ferrari, perhaps McIntosh to Lamborgini. And there are more out there that map to even more exotic stuff, like McLaren's, Liegnfeter(sp?), Vector, Shelby, Panos,
OT: Re:Hi-fi buys lo-fi (Score:2)
I know that I really s
Re:OT: Re:Hi-fi buys lo-fi (Score:2, Interesting)
But I've never been a fan of that all-flash, no substance Carver / Sunfire sound. To
Re:OT: Re:Hi-fi buys lo-fi (Score:2)
Re:OT: Re:Hi-fi buys lo-fi (Score:2)
But for music, it's very, very nice. Very smooth, musical, precise, and not at all dull or boomy. Blends nicely with my old NHT Super One's.
Of course, this is an entry-level high-end setup, but it's good enough for me. I'm not blessed with the ears that some of my othe
Onkyo comparable to Denon (Score:2)
Re:Onkyo comparable to Denon (Score:2)
I recently purchased an Onkyo Home-Theater-In-A-Box. It performs beautifully and I now realize what Ive been missing listening to music out of tinny computer speakers for so many years.
Only 500$ and I have a great reciever With 5.1 speakers.
num num.
I got the HT-S650, if you want to know.
Re:Hi-fi buys lo-fi (Score:5, Funny)
Congrats... you've just named all of the major low-fi vendors.
Would you like to play again? Maybe, this time, try something more simple. Like automobiles. Hint - Honda, Toyota, and Ford are not the top of the line, despite sales figures.
Re:Hi-fi buys lo-fi (Score:2)
The score is now marketing 7, you 0.
Lifetime Activation (Score:5, Interesting)
From the service agreement...
SonicBlue [sonicblue.com]
REPLAYTV Digital Video Recorder
Activation and Service Agreement
This Agreement applies to your use of the ReplayTV Service and is a legally binding agreement between you, SONICblue Incorporated and its wholly owned subsidiary, ReplayTV Inc. (collectively "ReplayTV"). By clicking the button marked "I Agree" below or by otherwise communicating your acceptance to ReplayTV or by using the ReplayTV Service, you agree to all the terms and conditions in this Agreement. IMPORTANT NOTE: Your ReplayTV digital video recorder works only by activating and receiving the ReplayTV Service offered and provided by ReplayTV. If you do not agree with all the terms and conditions of this Agreement, you are not authorized to use the ReplayTV Service, and you may return the ReplayTV unit to ReplayTV or the authorized retailer from whom you purchased the product for a full refund within one (1) month of the original purchase date.
Re:Lifetime Activation (Score:2)
oh, and by the way, while dennon and marantz gear is reasonably good, they are not the apex of high end audio, not by a long shot.
Re:Lifetime Activation (Score:1)
Re:Lifetime Activation (Score:2)
But as pointed out, the Bankrupcy court will probably agree to allow D&M to punt any past agreements.
My understanding is that the court will basically allow pretty much anything in order to get some money back to the debt holders...
Net result, FUBAR'd user
Re:Lifetime Activation (Score:2, Interesting)
D&M is *not* SonicBlue's legal successor and will *not* assume SonicBlue's liabilities. The "lifetime" service people are just a few of many SonicBlue creditors who are going to lose here. It's unfortunate but they are no more deserving than the unpaid vendors and creditors that get burned in any bankruptcy. We should
S.O.L. (Score:2, Interesting)
I'm pretty sure D&M would've had to have bought out any and all contracts that SonicBlue had held, too. If they haven't bought the company outright, I don't think they're obligated to any service contracts or anything like that.
As somebody pointed out above, a lifetime contract means the lifetime of the company. Pretty rare that you'll find a sucker willing to take on the responsibility of assisting a previously i
Re:S.O.L. (Score:1)
The problem is that if D&M ditches all of the existing customers, then it will just about ruin the ReplayTV name in the consumer market. ANd they did buy the name.
I can't imagine that supporting the current customer base is too expensive.
The user base is only partly prepaid (Score:1)
Re:S.O.L. (Score:2)
Thanks for playing.
a lifetime contract is based on the term lifetime as specified in the contract. Tivo is about 5-7 years.. just wait for the pissed offf tivo owners here soon finding they need to either buy a series 2 unit or re-up their "lifetime" contract.
lifetime = lifetime of the product as determined by the corperate scumbags.
lifetime (Score:5, Interesting)
I mean, how much effort could it take to download a bunch of schedules from tvguide or whoever, encrypt them into the proprietary replaytv format, and put them on an FTP site. For the broadband users, they're done. For dialup, they need a simple agreement with a national ISP to support a few thousand 5 minute calls every night.
Re:dial up for replaytv - not a few thousand (Score:3, Insightful)
Consider this:
1. When broadband support was first announced 3 years ago (after replaytv had been in business 2 years), the reasoning behind it was that over 85% of replaytv customers had broadband access at home (cable/dsl/isdn)
2. All of the devices since then have focused on broadband (any model 4000+)
I'm assuming that, at most, the dial up need is in the low 10's of thousands, not in the 100's of thousands
Doesn't any one RTA? Subscription info... (Score:5, Informative)
customers and will design, manufacture and distribute a line of ReplayTV and
Rio products."
Sounds like they plan on continuing as normal. Hopefully D&M won't be buryied like Sonic Blue.
D&M will be fine (Score:4, Insightful)
The likelyhood of D&M running into financial difficulties is slim, simply because their traditional businesses are cash cows. Even if the SonicBlue division (whatever it ends up being called) makes a loss, D&M will be fine (short of some vey serious mismanagement).
It's like Microsoft and Hotmail - even if Hotmail was to sink like lead, the money that Microsoft makes from its other businesses would more than keep it afloat.
As someone else has said, $36.2 million to buy yourself a major slice of the PVR market (not to mention portable digital music players) is a steal.
Philips and Marantz (Score:3, Interesting)
http://www.twice.com/index.asp?layout=story_stocks &articleid=CA66618
Re:Philips and Marantz (Score:2, Interesting)
Re:Philips and Marantz (Score:3, Interesting)
Re:Philips and Marantz (Score:1)
And the RIPPLEWOOD HOLDINGS, LLC is in the hands of Rockefeller family,
so 68.6 percent of Denon & Marantz belongs to Rockefellers now.
This is what scares me about these services.... (Score:4, Insightful)
That is exactly why I have never taken the plunge. I don't want to invest in hardware that (more or less) requires the company to be around for it to work properly. For example, the only broadband options in my area are fixed point wireless. The problem is that I have to invest $500 in the hardware. What happens when they disappear in a year or two? I am stuck with useless hardware (unless someone else offers the service).
I guess the dot com mess is still fresh in my mind...
Re:This is what scares me about these services.... (Score:2)
Re:This is what scares me about these services.... (Score:2)
Not necessarily.
Some TiVo owners didn't like the unit calling the mother ship and potentially downloading new revs of the OS that might mootify all their carefully-soldered hardware add-ons (eg, ethernet out).
I bought the lifetime subscription for the two TiVos I own (which have user-added hard drives) and been reasonably happy with it.
One problem, though, is schedule drift, where some movie off the satellite runs over the regularly scheduled time slot. The TiVo's feature of tacking on extra time to the
Re:This is what scares me about these services.... (Score:2)
Which is why I, also, will not buy one. I don't want the subscription. I don't care about it. I just want to use it like a VCR - record when I want to, manually or via a schedule. Oh, and extract the MPEGs from my computer, but I'm happy with an end-user hack for that...
Re:This is what scares me about these services.... (Score:2)
Re:This is what scares me about these services.... (Score:2, Informative)
Re:This is what scares me about these services.... (Score:1)
Of course, the day after I die.
D&M made a good purchase (Score:3, Insightful)
I do have a feeling that they will somewhat support the Replay TV customers, but they will no do any additional development. My guess is they will come out with their own unit and offer Replay TV owners deep discounts if they trade in. They are not going to want to support someone else's service.
Re:D&M made a good purchase (Score:2, Interesting)
There is absolutely no reason to buy a company who's assets contain everything you need from top to b
I'm glad I didn't go lifetime (Score:1)
I felt like a caveman stuck watching the same old rerun of "Fire".
Empeg!! (Score:1)
later,
ajay
PS. And OGG support is coming soon!
If it's anything like a "lifetime guarentee"... (Score:3, Insightful)
If the agreement is anything like that, the buyers of the assets can in theory say that since the original company is gone, they don't have to continue the service but they can offer them a new service, just like the old one, at a higher price.
Think $$$: Why wouldn't they keep their commitment (Score:2, Interesting)
Not only do you get a chance to upgrade them to next model, the eyeballs themselves must have some value. Marketing departments are constantly trying to develop channels like these subscriptions, and they are willing to pay for them.
It costs big $$$ to develop the guide data, but costs very little to distribute it more widely to these lifetime subscribers. By not honoring th
Maybe I missed it (Score:2)
Re:Maybe I missed it (Score:3, Insightful)
BK Court Info - Sonic Blue's sale of Replay & (Score:2, Informative)
Hi-fi elitism (Score:5, Insightful)
Here's another one:
I'm not an "audiophile" if by audiophile you mean "sucker." People who spend a ton of money on this stuff are buying some VERY overpriced equipment. Just because something is the most expensive in the world doesn't make it the best. And tubes? Yeah, you can make a good amp with tubes, but you can make just as good or better of and amp with transistors. (Guitar amps are a slightly different story.) Saying something has tubes, doesn't necessarily make it good.
I've decided to stick to pro-audio gear for all new audio purchases. There's just something stupid about spending $200 on unbalanced phono cables, but "audiophilies" have no problem with that. Nor do they seem to have a problem with $1000 speaker cables, etc.
If you're going to spend a ton of money on your audio system, I suggest you buy the same things a recording studio buys.
Just to show you guys are being a pompus asses, here's a brochure from quad:
here [iagamerica.com]
check out those power amp specs: 108 db SNR
Now lets go look at some pro gear:
Check out the specs. page [crownaudio.com] for this Crown amplifier.
SNR 120dB
People "in the know" don't buy that ridiculously overpriced "high end" stuff, they buy pro grear. It performs wonderfully, takes abuse, and costs less.
Re:Hi-fi elitism (Score:5, Insightful)
For average audio users, companies like Kenwood and Pioneer are seen as (relatively) high-end.
For audio engineers and other people with discerning ears, Denon, Marantz, Nakamichi, etc. are seen as high-end.
For the folks who blindly believe that they can hear the difference between 48 KHz and 96 KHz audio or between a $5 cable and a $1500 cable, there are plenty of even more expensive brands that are considered high-end....
For people with good ears, Denon and Marantz are high-end. For the rest of you, there's Mastercard.
Re:Hi-fi elitism (Score:2)
What is the THD on all those items? hmmmm?
I can give you a amp that has a 1000db SNR but it has a 100% THD.
It's called a high-isolation relay.
Signal to Noise Ratio is a worthless measurement.
Re:Hi-fi elitism (Score:2)
Way to be very authoritatively wrong. SNR is not worthless. THD is important, but so is SNR, so is RMS output, so are a lot of things. THD only describes nonlinear distortion. Here's a diagram for you to look at. [pcavtech.com] It will give you a better idea what all these specs measure. And if you want to know what the THDs for those amps are, I posted links to the damn specs, look at them!
Your analogy is worthless. First off, there's no Signal on the other side of your relay..
Memo to companies: Don't hire Greg Ballard as CEO (Score:4, Informative)
Re:Memo to companies: Don't hire Greg Ballard as C (Score:2)
I don't know the management details, obviously, but don't knock the CEO who turned off the lights. If he is in fact responsible for its demise, there's something to be said for sticking around to turn off the lights, and not jumping ship earlier. This leaves a blemish on his resume, you know.
There are large doses of luck required to make a business successful, so don't bestow too much on the winners, or throw too many roc
Changing names (Score:3, Funny)
S3
Diamond/Rio/Replay
SonicBlue
D&M
Did I miss any?
Who cares about subscriptions? - Hax0r the thing! (Score:2)
There is a cool open source streamer for converting your ReplayTV to work on your network and serve up all your media to your TV.
Thanks to the good folks at DVArchive [sourceforge.net], we can all enjoy our pr0n and Divx collections from the couches in out living rooms!
Re:Who cares about subscriptions? - Hax0r the thin (Score:2)
People never learn (Score:2)
Re:Too bad (Score:3, Interesting)
Now, this entire situation will be reversed once HDTV gains popularity. Then, input and output will both already be digital, and your computer will have no trou
Re:Too bad (Score:2)
Please say what possible problem there could POSSIBLY be with HDTV tuners and computers. I already know HDTV out will not be a problem, since many of them support DVI, and ATI's last 3 generations of cards support HDTV output via a $30 adapter.
That's pure and utter bullshit. One of the urban legends of the computer age.
Re:Too bad (Score:2)
That's one hell of an "if". We are talking about when HDTV is popular... Why wouldn't an HDTV have some form of digital input???
And I'm Jimmy Hoffa...
It's not that there is no noise inside PCs, it's that most decent quality electronics is not susceptible to it, and even the cheap crap can
Re:Too bad (Score:2, Interesting)
Re:Too bad (Score:1)
Re:Too bad (Score:5, Informative)
One shouldn't immediately assume that there are only 2 operating systems in the world. There are a slew more than that, especially in the embedded device arena.
Re:Too bad (Score:1)
Re:May 1st is Post as Anonymous Coward Day (Score:1)
Globe199