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However, in its latest financial results, published on 30 July, Gary Greenfield, Avid's chairman and CEO, said: "Our results for the second quarter were encouraging with 5% year-on-year revenue growth for our ongoing business and a $10 million sequential increase in our cash balance. While they haven't given a reason, we assume that Sibelius is a substantial source of profits to them, so they don't want to sell it to anyone."Īvid Technology has been making operating losses - $70m in 2009, $36m in 2010 and $21m in 2011 - and bleeding cash.
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Run on empty, make your fortune, then leave the carcass behind to hunt for the next pot of gold."įollowing the closure announcement, the Finns said in a comment at : "we have been quietly trying to do everything we can to change this situation, including twice offering to buy Sibelius back from Avid. To Avid’s Wall St mentality, that is smart business. So now, with no overheads of development team and offices, for Avid that becomes clean profit as Sibelius is slowly killed off over the next 3-4 years. To which John Murdoch responded in a comment: "Who among your audio development teams in California has experience generating PostScript Level 3 code? Don't know what that is? Sibelius is far more of a desktop publishing application than an audio application."Īt Slipped Disc, composer and anti-Avid campaigner Derek Williams wrote: "Sibelius is currently we believe turning over $18 million a year. Our plan is to integrate Sibelius development more closely with the rest of Avid's audio development teams in California, and I’m confident we can leverage our innovative development teams and continue to raise the bar in the future." The response from the community, expressed in 200 comments, appears to be that without Daniel Spreadbury and his British development team, Sibelius is doomed.įollowing what he called "the outpouring of concern on forums and social media," Kloiber followed up by saying: "I want to personally give my assurance that Avid is deeply committed to developing Sibelius moving forward. That’s why the Sibelius brand and product family remains with Avid." In a letter addressed to the Sibelius Community, Avid audio vice president Martin Kloiber wrote: "It’s important to note, music notation software is firmly seated among those areas of concentration at Avid.
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These include the Pro Tools audio workstation software, acquired in 1994.
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It has sold off some of the more consumer-oriented offerings - including M-Audio accessories, acquired in 2004, and Pinnacle video editing software, acquired in 2005 - to concentrate on its core professional products. Its main rival is Make Music's Finale, which dominated the US market before Sibelius was launched there.Īvid is going through a difficult period, and is retrenching to limit its operating losses. The latest 64-bit version, published in 2011, features a ribbon-style interface. Sibelius is a musical notation program widely used by composers, professional musicians and students. They are conducting a campaign via a Sibelius Users website, a SaveSibelius Facebook page, and a petition, among other things. Avid closed Sibelius's development studio in Finsbury Park, London, at the end of last month, and users are concerned about its future. Sibelius software users have launched a petition asking Avid Technology to sell the music publishing program to another company.
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