digital music/video
08/26/2005, 9:55am, EDT
Friday, August 26th
Parent company discontinues Rio line
D&M Holdings, which markets the Rio brand, today announced it would exit the mass-market portable digital audio player business. D&M Holdings is based in Tokyo and owns the Denon, Marantz, McIntosh Laboratory, D&M Professional, ReplayTV, Rio and Escient brands. The company's decision to exit the Rio business followed a determination that the "mass-market portable digital audio player market was not a strong enough strategic fit with the company's core and profitable premium consumer electronics brands to warrant additional investment in the category."
Filed under: industry
Other story tags: digital music/video
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Still, this is pretty good news all around. They won't be destroying the company to preserve the Rio; Microsoft loses a key ally; and Denon and Marantz won't need to go on severe cost-cutting binges.
I wonder if the newest ones are any better? I was tempted to get one of their new players once, back when I had a better paying job. Maybe there'll be some clearance sales at Best Buy soon :)
Hey Real ... you're next.
You should sue! You have a device that won't allow you to play music from any of the download services, locking you into having to use MP3 format!