Modal Electronics Rescued from Bankruptcy?
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- Опубликовано: 27 апр 2024
- Hot off the press, it looks like Modal Electronics, maker of the Cobalt8, Argon8, Carbon8 and other great synths, may have been rescued from insolvency. Details in the video!
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#Modal 
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Great news I have Cobalt8 and love Modal synths 🙏
Glad to hear it because I had forgotten to update my Cobalt firmware.
PS: All videos from the plane have to begin with the line “I CAN SEE YOUR HOUSE FROM UP HERE!”
This is the best synth clip you've done so far, we need more synth news at 9,000 feet ❤😃
I bought a Cobalt 8x after watching your video, so I feel quite vindicated now. Thanks for the update and safe landing..!!
Great news! Cobalt 8X is still my desert island synth (in big part due to fantastic keybed), and I hope Modal will not only release new products, but keep updating existing ones as well.
Now youre just showing off. 😊
Actually I knew I wanted to get this Modal video out, but was not going to have a chance to shoot and edit a video later...but I knew I had cameras in the plane, so I thought; "I'll just do the video here while I have a few minutes, then cut it up and post it when I land." :)
Love Love Love Scott!!!!!.... and Modal❤.
We'll find out soon who the new owners are. My guess/wish is Novation/Focusrite, they could use Modal's DSP expertise to breathe life back into the Novation synth products pipeline.
As a proud owner of a 002 for many years I would love to see Modal continue as a going concern. In reality, only a few weeks ago the administrators reported that all of the employees have been laid off so this option is therefore unlikely. However, the administrator acknowledged that the book value of the goodwill and IPR attaching to the software developed by the company is substantial. The sale of that entirely makes sense by the administrator and validates Scott’s source that a new buyer may be closing in.
It is interesting that a hardware manufacturer may have been saved to some extent by the value of the software it developed to support their hardware. Modal were on to something good and hopefully a new buyer will see a reborn Modal flourish. Focusrite would probably be a good match and Modal would join a great synthesiser family of Novation, Sequential and Oberheim. EDIT: Not Focusrite but announced as Alltronics Holdng Ltd. Any thoughts on this acquisition?
...let's hope the CARBON can finally come out now :) Love my Cobalts & Argons.
I’m so glad to hear about this!! I was very doubtful anyone would be willing to buy Modal Electronics with all that debt they owed, so I made a backup of their software I had a few months ago (at least what runs on Windows & macOS + the VST for DAWs). Maybe now we will see their CARBON8 product that they tried to launch months ago. I LOVE my 5S! Keep us updated Scott & thanks!!
there's flexing and there's Sky high super flexing!...
Feeling compelled to sample the radio chatter.
Great news, Scott... love the new studio 😅
Thanks a lot Scott for spoiling such good news, and reassuring Modal users and fans like you.
Great news! Lovel Modal Electronics gear! safe flight ;-)
Fantastic news! I've just bought an Argon 8X and love how analogue I can get this wavetable synth to sound with version 3.2 of the firmware.
love Modal stuff, high quality build and sound. Glad to hear this!
Awesome !! Thanks for the news Scott 😊
So glad to hear , I use them with my Roli seaboard best hardware for MPE midi. I have argon8, cobalt8, skulls se and cobalt5s. Which is great for MPE and also portable the app is excellent. Soo happy🎉🎉🎉🎉🎉🎉❤
I’m excited to hear the carbon 8
Outstanding! More updates from your sky car please! Good news about Modal.
i want a rack of the carbon8
As long as it's not Inmusic
as aN ex International Channel Manager at inMusic and ex Vice President of Modal, I can confirm its NOT inMusic. LOL
Can we just ask whoever owns Modal now to make firmware updates available over standard MIDI (like literally everybody else) and not solely reliant on their app? It's crazy to have synths becoming bricks as soon as usb stops working or the app is not supported for whatever reason.
Hm, who bought them? Certainly glad because I do enjoy the Argon 8.
Modal Electronics saved from extinction!
That is great to hear!!!!
I wish I could be at least 10% as badass as this guy! 😂
I'm up to 7%😜
- Cool. Synth news from the sky. That must be a first on youtube 😀 Let's hope Modal is saved now. To be continued ...
Glad to hear it
just need audio through usb so i can free up some stereo input space
Reviewing gear from a plane you are flying is a next-level flex. Let's see loopop do that 😂
hahaha, the gauntlet has been thrown down! :)
Can you play a synth up there?
That's how he goes to his studio
It would have to be a small one...and I'm usually pretty busy.
Fantastic news.
Great!
Great news. Nice video! Is that a MK4?
Yup!
How many MIGS did you take out?
Hoping the carbon 8 will come out
The new owner is the Chinese company that did all their builds which makes a good bit of sense. Staffing was already down to bare bones. My guess is support will continue outsourced to a call center and return/repair/swap will continue to be through dealers under warranty ultimately handled at the factory with the new owner. Who knows which (if any) "executives" and designers are still there; one or two programmers for firmware updates/fixes, but that could be totally in-house at Alltronics now. The may well have bought just current inventory and IP with a reduced creditor payback structure and ZERO Modal employees retained. Simply clearing existing kit does not seem like a good enough reason to buy. I would love to see a full size with 2 "engines" onboard and consolidated interface where you could load 2 "layers" from any of the 3 models. Around $1500 that would be a compelling synth IMHO.
Modal website back up again yesterday.
Better update your firmware if you havent already... just in case it goes down again.
unfortunately, if you need the Factory presets library v1 for backup, the dropbox download is non-functional .... as is the Support link
i will do present the new Behringer Plugin Synth Vintage, while I am driving 300 km/h on German Autobahn - take this Scott!
Hah, awesome!
YASSS .....COBALT 8 SHES S KEEPER
Scott, are you a pilot? What are you doing in the sky? Listen, I didn’t have time to buy myself a Modal synthesizer. and I'm very sad, I'm lost. and Thomann said they will be available in a few months on sale. tell me what to do and what happens with this? thank you
Yes, I am. With this news, I hope that Modal will keep going for the foreseeable future.
@@ScottsSynthStuff me too. Thank you for your participation in the opportunity to see this great company on the market again.
Bought by Music Tribe?
great news… extremely cool video… live your dreams….
The synth news was nice, but post some more flight ✈️ videos.
Check my other channel: youtube.com/@CanardBoulevard
CAREFULL With my U.F.O SCOTT . 😂
Fleeeeeeeeeeexxxxxxx
Erm…great news about Modal…but you need to make a video about this video??! ✈️
Ok…RUclips just connected the algorithmic dots. Very interesting plane design 👍
Wth?
Cool !