HD Giants Files For Chapter 11 Bankruptcy

June 12, in Business

HD Giants, the company established to sell high definition music to the growing Media Center PC market, has filed for Chapter 11 bankruptcy. The company was the only one to have “HD rights” to music from the big leagues such as Sony, Universal Music, EMI as well as other indie labels like Naxos and Concord.

HD Giants added HD movie downloads to its products line in early 2008.  Today, HD Giants compete with other giants like Apple Computer and Microsoft’s Xbox 360. The bankruptcy of HD Giants stirs up questions about the future of HD Music.

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