It looks like Hollywood has had the last laugh-- after years of fighting the movie industry and its draconian rights regime Kaleidescape throws the towel and shutters down, laying off all employees in the process.
The news comes from the Kscapeowners.com forum, although it has also been confirmed by the company to CEPro.
"I spoke with the CEO, he did confirm that the company has effectively halted most operations, and instituted layoffs of most employees," a forum post by a Kaleidescape dealer reads. "The reasons are not really important at this point, but obviously are finance related as is the case in almost all such closings."
For those unfamiliar with Kaleidescape, the company is best known for pricey media players complete with a beautiful UI and DVD copying functionality-- the main reason it was seen as the enemy by the movie industry. This lead to a long-running legal battle against the DVD Copy Control Association (DVD CCA), one that eventually ended on 2014 with the condition Kaleidescape could sell its flagship DVD-copying machines no more.