The Brink

DJs Blame Private Equity for Music Firm’s Woes

Native Instruments’ 25 million users are waiting to see who might buy the company out of insolvency
Hobbyists and professionals alike splashed out on new equipment during the pandemic.Photographer: Chalinee Thirasupa/Bloomberg
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Welcome to The Brink. I’m Libby Cherry, reporting from Frankfurt, where I looked into the woes of an insolvent tech firm relied on by millions of music enthusiasts. We also have news on Barclays, Braskem and Dolce & Gabbana. Follow this link to subscribe. Send us feedback and tips at debtnews@bloomberg.net.

When Native Instruments filed for insolvency earlier this year, the reaction on Reddit was one of distraught and disbelief.