Sad news…MAGIX is insolvent

Isnt their new CEO looking for a buyer for this company? Why doesn’t Steinberg and Yamaha step forward take it over and fix the software drop the samplitude, and the basic music maker then make all of the VSTs available to buy. The VSTIs that come with music maker are quite good but you can’t import them into any other DAW. Get rid of the Photo/video arm as a going concern.

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Yeah, current users be damned.

i didnt mean get rid of it toally just sell off the other bits of the company that are not their core business. The programs etc then go to the new buyer to fix and sell.

OK i am a bit late to the party. So it looks Magix will now continue with the music business only under new ownership? I must admit i looked up on the press releases and it seems this new company will focus on online sales only. I just hope that they listen and FIX Independence. They must have heard what i was thinking all along! :rofl:

Boris FX now owns Samplitude and Sequoia.

In the current “sale” it’s $1,198…