Kaleidescape to Close Its Doors

By |


Kaleidescape-Strato.jpgOver the weekend, CEPro's Julie Jacobson reported that Kaleidescape, maker of high-end media servers and streamers, will close its doors. The article, which you can read in its entirely here, includes an interview with�Kaleidescape CEO�Cheena Srinivasan, who confired the closure and explained that, although Kaleidescape "came close" to finding a buyer, the company was ultimately unable to finalize a deal.

For many years, Kaleidescape was engaged in an expensive legal battle over its DVD-ripping servers and multiroom playback devices. Ultimately, the company settled that dispute and moved forward with an eye on digital downloads--in the form of its Kaleidescape Store, which was the only download store to offer bit-for-bit HD and UHD movie downloads.

Things looked promising, as the company rolled out its new 4K product line at last year's CEDIA Expo and inked deals with many major movie studios to add content to the store. However, the Kaleidescape equipment was still targeted at the highest end of the market, prohibitively expensive for most consumers.

Eventually the money just ran out, and now Kaleidscape will sadly close its doors.

Additional Resources
Kaleidescape Adds Fox Titles to Movie Store at HomeTheaterReview.com.
Kaleidescape Announces 4K Strato Movie Player at HomeTheaterReview.com.


Latest News

Jul 22
Hunter Douglas Throws Shade at Blinds of the Past Hunter Douglas's new premium shade automation solution promises increased reliability, decreased noise, and new shade customization options.
Hunter Douglas Throws Shade at Blinds of the Past

Jul 21
Luxman's New Flagship will Baby Your SACDs and CDs Luxman's new D-10X features a revolutionary new Delta-Sigma digital-to-analog converter from ROHM Semiconductor.
Luxman's New Flagship will Baby Your SACDs and CDs

Jul 17
Astell&Kern's New Audio Player has Two Different DACs Astell&Kern's new SE200 lets users choose between two different DACs for a custom listening experience.
Astell&Kern's New Audio Player has Two Different DACs

Jul 17
Ambisonic Systems Partners with Origin Acoustics for First Residential Outdoor Speaker If you've been thinking about ways to get theater-quality sound outdoors, there's a new option for you to consider. Ambisonic...
Ambisonic Systems Partners with Origin Acoustics for First Residential Outdoor Speaker

Jul 15
Magnepan Releases Promotional Video for LRS Speaker The promotional video, a spoof of the classic 2001: A Space Odyssey, was created by award-winning Director Joe "Mama" Mason.
Magnepan Releases Promotional Video for LRS Speaker

  • Comment on this article

Post a Comment
comments powered by Disqus