the two were never mutually exclusive...most of what jamcat stated can be true and is likely true, but that doesn't change the fact that they clearly steered the market...this was not an invisible hand situation, there was nothing natural about it...its fairly obvious from the anecdotal data, which I'm sure would be backed up by industrial data, that the precipitous price drop across the market would not have happened in that time frame without the waves pivot...that is what large players and monopolies do, manipulate marketsghettosynth wrote: ↑Mon Mar 27, 2023 7:17 pmYeah, this sounds closer to the truth.jamcat wrote: ↑Mon Mar 27, 2023 7:14 pmHere’s a different perspective.
Waves did not steer the market. They merely responded to the commoditization of plugins that was occurring naturally due to over-saturation of the market.
Now Waves has reached full market saturation from constant sales and needs to generate new revenue from the same pool of existing customers.
Pro Tools users on Mac is Waves core base of diehard customers going back decades. Pro Tools only recently became M1 compatible, and Waves AAX plugins are not yet available natively for Apple Silicon. But they are probably readying the release of V15 with full native support.
Native AAX support on Apple Silicon is Waves’ leverage to corral their core customers into the subscription ghetto.
the current market is driven by hobbyist, a large influx introduced by the covid lockdown...that came on the tails of a dramatic downturn in the pro market...but most hobbyist don't understand the resources and time required to develop and maintain software; run an online business, and the ROI required to make it worthwhile...that's why its interesting companies like GForce have decided to ignore the market manipulation and refuse to devalue their IP...it will be interesting to see how that works out