“Moog just fired most everybody, it was a good run. Game over”.
this fucking sucks!!! fuck this!!
if you want a general idea of how badly capitalist ventures have absorbed this part of the music industry, you don't need to look much farther than inMusic's "about" page, which is mostly just a timeline of Jack O'Donnell going on a buying spree from the 2000's to present day, notably having not updated with Moog's acquisition yet.
... in other news, Modal apparently declared bankruptcy this week. I'm not surprised, ever since they forced Paula Maddox out and George Hearn quit to start UDO, and they started making cheap digital stuff. But it's been a lousy week for synth companies.
https://synthanatomy.com/2023/09/british-synth-company-modal-electronics-is-insolvent.html
it’s so frustrating that tools for art are so capitalized. i’m so tired of seeing companies that make instruments and equipment (or even software) get bought up by larger profit driven companies who in turn just shut shit down and move it to a place where they can exploit labor even harder just because it doesn’t make shit loads of money like they expected when purchasing. like there’s zero chance that a company like moog couldn’t keep itself going with what it had but they only want constant growth, providing consistency even if it mean occasionally not making as much money as possible means nothing to those who own them.
Why would they do this? Do they just buy companies to gut them for more money???
Capitalism eating whatever decent brands/stores/services still remain at this point. Leaving us with only corporate giants who have no specialties other than having money and only wanting more to the point it's not sustainable.
Just adding more and more brand names to their sticker board and occasionally slapping one on some trash they squeezed out and demand top dollar for; like they're just dangling it in front of our faces and going "Remember this name? Remember who they used to be?"
