Native Instruments GmbH is in preliminary insolvency - CDM Create Digital Music
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According to insolvency documents, Berlin-based Native Instruments GmbH (also parent to iZotope, Plugin Alliance, and Brainworx) is in preliminary insolvency proceedings. This is significant news for one of the biggest brands in music-making technology.

This is some not great news. I’ve been using NI (as well as izotope & plugin alliance) stuff for a very long time, and have hardware from them too. I imagine there are a lot of small sound design studios selling kontakt instruments who are a bit scared for the future now.

I really hope they’re able to find a good solution for creators with the administrators.

Edit:

MusicRadar article: https://www.musicradar.com/music-tech/native-instruments-has-been-placed-in-preliminary-insolvency

  • 9point6@lemmy.worldOP
    7·
    2 days ago

    Yep

    They all merged a couple of years ago, I think also partly because of financial issues IIRC

    I’d hoped they had got through the other side of that

    • TexasDrunk@lemmy.world
      6·
      2 days ago

      Hell, iZotope was the standard for so many years. I use RX on my field recording to clean them up before making them into samples a lot of times.

      Private equity kills everything, I swear. It doesn’t help that UA went native mostly and Waves prices so aggressively, Arturia and Akai are innovating, and Spitfire and OT cut Kontakt out of the loop. However, I’m fucking sure it’s like 90% on Francisco Partners getting rid of the support teams for outsourcing, deleting the highest paid engineers, stopped fixing bugs, and whatever the fuck they were doing with Soundwide instead of doing things for customers.