Cakewalk at AES 2018 NY

[Fotizimo]

Seriously, how stupid are you?

I must be really stupid because I just can't find anything anywhere that details how much Bandlab paid for the Cakewalk assets...

And I'm a curious soul...

So if you can please just post the links to the places on the web where you read these figures,I will be most relieved

I'm not demanding proof as you have written...

I am politely asking you to direct me to the sources that you quoted..

But I didn't write the words about reading those figures online....

You did

I didn't post an "exact figure" and I have nothing to prove to you, but in one post I read when Bandlab bought Cakewalk's IP, someone said they had paid "several million" dollars for all of Cakewalk's assets, except for some third-party instruments or instruments/effects that Cakewalk did not own entirely. I also read about it in a post by Music Radar.

Steve

You also wrote that Bandlab paid several million dollars for Cakewalk...

Once again...your words...not mine !

Although, with Bandlab still giving everything away--even after paying several million bucks for Cakewalk--you gotta wonder how they can afford to be at AES in the first place.

Steve

And when I questioned where you pulled these figures from, you started attacking me...

With absolutely no proof to back up your wild claims...

Do you want to sue me? Try it. You're only interested in making some asinine argument based upon things no one said, so this should be a short trial.

Steve

This is another uninformed comment that you flippantly make...

You see Mr Stevie...You actually wrote the words that I quoted and they are there for all to see...if you had just said them, that would have been hearsay and that is not admissible in a court of law....but because you wrote them and they are directly attributable to you, then you have to take responsibility for those words and that is where the "short trial" becomes a little more complicated...and not in your favour

So Stevie..I'm happy to keep going,but my advice would be that it's time for you to stop before you embarrass yourself any further

Ohh...Before I forget....Serious kudos to Bandlab for getting Cakewalk back on a positive trajectory

Wow, you must be the life of the party.

Honestly, who gives a flying shit?? This is a public forum. Make your point and move on. At this point whatever point you were trying to make has gotten lost behind your immense need to have people on forums think you are smart. And both points have backfired. Now you are just being an ass.

[The Grim]

This is the document I was talking about earlier, it is from Roland to do with the sale of Cakewalk to Gibson, as you can see it is official, it's on the Roland site, so no reason to doubt it's authenticity.

https://www.roland.com/RolandComSite/me ... 130924.pdf

You will notice under the section
"Results of Operations and Financial Condition of the company ‐ Last 3 years ‐ "
it shows that Cakewalk was operating at a loss
2010 - A Loss of $206 000
2011 - A Loss of $426 000
2012 - A Loss of $891 000

(Numbers in parenthesis denote a Loss)

Also not the actual quote I was looking for, but this is from Craig Anderton, who as you may remember was at the time a Gibson employee and in the know about these matters, and shows that Cakewalk was also running at a loss every year Gibson owned it.

"Neither Alex nor the CEO wanted the company to fail. Everyone hoped Alex could turn it around. When it seemed likely that wasn't going to happen, Gibson decided it couldn't keep supporting a company that had lost money every year since it was acquired, and was on track to losing more."

You can find that quote at the following link
http://forum.cakewalk.com/FindPost/3729569

The following thread makes for some . . . interesting reading (Link takes you to part way through, but worth reading in its entirety)

http://forum.cakewalk.com/FindPost/3738533

[CTStump]

Really, does every thread involving cakewalk need to be hijacked by semantics or other link demanding minutia?...this isn't a court room.

The OP is informative and merits optimism, thanks.

[DeBro]

I started this thread about Cakewalk moving forward in a positive way and somehow the thread has ended up moving backward in a negative way.

[planetearth]

I started this thread about Cakewalk moving forward in a positive way and somehow the thread has ended up moving backward in a negative way.

Unfortunately, most threads about Cakewalk/Sonar tend to do that on KVR. Some jackass will always have something negative to say or will be a jerk just for the sake of being a jerk.

And those of us who appreciate Cakewalk/Sonar (and what Bandlab is trying to do with it) are left to put out the fires.

Steve

[digitalboytn]

Yes...

Unfortunately,people will always post false statements with no proof of their wild claims...

And not only that...

They will then attack the person who questioned them to try and defend themselves and the rubbish that they wrote and even claim they they didn't write those words at all !

Even though it is there in black and white for all the world to see...

"Putting out the fires"...such gallantry

More like self preservation...

But some people will say anything when the're staring down the barrel of a loaded gun...

Still,it's an interesting insight into human behaviour and it keeps things lively...

FWIW : I've been a Cakewalk user since Pro Audio 9 and I have a fully loaded Cakewalk account

[lessera]

I think the guy's point was that it is odd to see a company pay a hefty sum of money for an asset that they're not generating any profit from (at this point in time). Seems a reasonable observation to me... and most likely, everyone else reading this discussion. Whether is was millions or thousands, his point is still relevant to the discussion at hand. I am certain we are all wondering where bandlab is headed in this crowded DAW market.

[worstcaseontario]

Really, does every thread involving cakewalk need to be hijacked by semantics or other link demanding minutia?...this isn't a court room.

The OP is informative and merits optimism, thanks.

Indeed.
Not a court of law.
Not journalism.
Not even high school debate club.

It IS a forum for discussion.
Posters either move the discussion along or they stall it.

[planetearth]

The same person who's going out of his way to be a jerk here (while also not making music) has already been shut down by a mod for being a jerk in another thread this week. So....

Steve

[digitalboytn]

The same person who's going out of his way to be a jerk here (while also not making music) has already been shut down by a mod for being a jerk in another thread this week. So....

Steve

Mr Steve...There you go again...

Unfortunately another flippant and false comment...

You really should check the facts before you shoot your mouth off...

You just never get it right do you ?

I wasn't the one who was warned by Hink to stop the insults on the Dimebag thread...

He warned Dullee to stop insulting me,because just like you,he got backed into a corner,so he lashed out and started with the personal insults because unfortunately,that's his quality...

Check in with Hink if you want confirmation of the facts...

I have never once personally insulted you on this thread...

But you have called me all sorts of wonderful names and it keeps on going...

Your concern about me having enough time for music is touching...

But don't worry...I have plenty of time to write and produce music because that's my day job...

And my wife complains that it's my night job too

So anyway...I have one more post here on this Cakewalk thread and then I'm done...

I'm disappointed that my simple request for you to back up your comments about Bandlab having paid "several million dollars" for Cakewalk,has turned into a such a toxic discourse,but I have found the personal attacks to be quite entertaining and they are also rather emboldening

[digitalboytn]

A final post regarding Cakewalk's appearance at AES 2018 NY...

Meng's father did not amass his considerable fortune by being a dummy...

Having lived in Asia for a considerable amount of my adult life,I've been fortunate to have had some insight into their cultures and customs...

Personal and business....

But these comments are just my personal surmising,based on my experience...

Meng's investment in Cakewalk is not the flippant gesture of a fool...

It's a strategic decision and he will be taking a long term play here...

The turning around of the Swee Lee chain of music stores on his watch,shows that he's no dummy and that he has inherited some of the business smarts of his father...

Even the timing of buying the Cakewalk assets from embattled Henry was a very smart move...

Henry was getting more and more desperate,so Meng waited until just before the final bell to make his offer...A brilliant business move !

The Bandlab acquisition of the Cakewalk was announced in late February 2018 and Gibson filed for Chapter 11 bankruptcy protection on the 1st of May 2018...

I have read that only the IP and the assets were sold,so he did not have to assume any debt that Cakewalk was exposed to...Smart !

https://blog.bandlab.com/cakewalk-press-release/

"The deal includes only the transfer of Cakewalk Inc.’s assets and intellectual property. No other details of the deal have been released. "

Meng may suggest that the release of Cakewalk as a free DAW is a philanthropic gesture,but there will be more at play here...

He will want to build the brand and develop trust,along with a solid and committed user base,who will be tapped for any paid releases in the future...

So the announcement of Cakewalk's appearance at AES 2018,is not a total surprise...

This is just part of the strategic planning that would have most probably occurred before any offer on the Cakewalk IP was made...

So in my opinion,Bandlab are going to take a very responsible position with Cakewalk and slowly build the brand and the necessary user base...They obviously have the funds to play the long bow and those funds give them the flexibility to play the game whatever way they choose to

Once again,as a long time Cakewalk user,many kudos to Bandlab for resurrecting a great DAW

[Hink]

I started this thread about Cakewalk moving forward in a positive way and somehow the thread has ended up moving backward in a negative way.

This...and because of this I'm not locking the thread. Please let's actually try staying on topic.