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Forums › DEALS › Virtual & Physical Music Gear Deals › Question: Will You Hold Off Buying NI Products and Kontakt Libraries? › Reply To: Question: Will You Hold Off Buying NI Products and Kontakt Libraries?
I regularly have chats with sample developers. If you could send any message to Kontakt sample developers right now, what would it be? If there was a really appealing Kontakt sample library — let’s say it’s a Kontakt Player library — with a deep discount that interested you, would you buy it now or hold off until there’s more clarity regarding the NI insolvency?
For those who haven’t been following along with NI, they’re currently in preliminary insolvency with a insolvency administrator leading the analysis of the company and making decisions on the best way to maximize creditors’ interests. In other words, his job is to ensure that creditors can recover the maximum amount from NI. NI senior management is responsible for ensuring the day-to-day operation of the company. The process typically takes a few months or less. During this time, the German government guarantees employee salaries for up to 3 months. We could have answers within the next several weeks. The appetite for buying the various parts of NI will play a large role into that timing. If the administrator finds that other companies are willing to be a good price for the entire company or parts of the company, that could result in having the answers a lot sooner. Personally, as someone who relies on Kontakt very heavily and a very high percent of my music making expenditures have been in NI products and Kontakt sample libraries, I would love to see the development team and the team that works with sample developers remain intact whether it’s in the form of a smaller Kontakt focused NI or sold off to another company like Fender, Roland, Image-Line (and hopefully not a company like Apple or BandLab that would almost certainly make the software subscription-only).
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