Prodisc - One foot in the grave

[SCDVD]

Prodisc has filed for bankruptcy in Taiwan. They filed under the Taiwanese equivalent of Chapter 11. They did this so the key stockholders could benefit by retaining assets (Read "Steal"). They have tumbled a long way from when they were an OEM manufacturer for Mitsubishi.

[p_l]

Good riddance.

[SCDVD]

Prodisc has filed for bankruptcy in Taiwan. They filed under the Taiwanese equivalent of Chapter 11. They did this so the key stockholders could benefit by retaining assets (Read "Steal"). They have tumbled a long way from when they were an OEM manufacturer for Mitsubishi.

http://www.cdfreaks.com/news/Prodisc-exits-recordable-media-business.html

[p_l]

four containers with recordable media in the harbour of Rotterdam

Finally, a suitable use for Prodiscs: landfill for Dutch land reclamation efforts.