Kaleidescape’s high-end movie player business shuts down

August 22, 2016 Comments Off on Kaleidescape’s high-end movie player business shuts down

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“Since Kaleidescape focused on the high-end market, its prices were too high (the 4K Strato movie player starts at $3,495 without a hard drive included, and when we interviewed its founder in 2005 systems started at $27,000) for any kind of mass market acceptance, and the CEO says the company exhausted its resources building the downloadable movie system. Now, it’s turning out the lights at the same time 4K, HDR and surround audio platforms are providing a new shiny thing for videophiles to chase.”

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