Goodbye, Rio – Your Funding Burned Out Long Before… Your Legend Ever Did
D&M, holder of the Rio brand, will stop selling Rio portable products and begin creating networked home media devices. According to a BusinessWire press release: D&M Holdings Inc. (TSE II: 6735), today announced it would exit the mass-market portable digital audio player business, currently marketed under the Rio brand, by September 30, 2005. D&M Holdings…