Using a laser-based process, Tulln startup Rebeat Innovation wanted to revolutionize the record and get more information into the grooves. But nothing comes of the so-called HD Vinyl: as reported by the Alpine Association of Creditors (AKV), the company has since filed for bankruptcy.
Despite streaming: you can’t kill the record. In the previous year alone, more than 400,000 vinyl records were sold in Austria – an increase of twelve percent compared to 2020. However, production and sound quality have not changed for decades, which is why Rebeat Innovation in Tulln, Lower Austria, has been around for several years. involved in the “HD Vinyl”.
In a new process, instead of the “conventional scratch tools” as company boss Günther Loibl called it in 2017, a laser was to take over the cutting of the blank, which would allow the grooves to come closer together, which would take about 30 minutes at a time. percent more information and 30 percent more base volume Promised improved sound quality and faster production.
“Not achieved the desired result”
But apparently the project turned out to be more difficult: in a statement from the AKV, the slide into bankruptcy is “attributed to the delay in development work and assembling the components. Furthermore, it turned out that the laser components did not have the desired result”. According to its own press, Rebeat also tried “to achieve the desired result, but that also failed”.
According to the AKV, five employees and ten creditors have been affected by the bankruptcy. Approximately 1.3 million euros in assets are liabilities of approximately two Million euros opposite to. No application for redevelopment has yet been submitted.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
