Filed under: Home Entertainment

We hadn’t heard from struggling content-delivery service Akimbo in over a year, so it’s not really surprising that the latest news isn’t exactly cheerful: the company is shutting down, leaving only a “skeleton crew” behind to find a buyer for its remaining assets. Akimbo seemed like it was searching for a viable business model from the begin (eventually leading the company to drop its hardware offerings entirely), and like other would-be set-top box vendors, it looks like the economics of content delivery were simply too skewed to wrestle into profitability. Any bets on who’s next?

[Via GigaOM]

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This entry was posted on Saturday, May 24th, 2008 at 4:56 am and is filed under Home & Entertainment Gadget. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.