We hadn't heard from struggling content-delivery service Akimbo
in over a year, so it's not really surprising that the latest news isn't exactly cheerful: the company is shutting down, leaving only a "skeleton crew" behind to find a buyer for its remaining assets. Akimbo seemed like it was searching for a viable business model from the start (eventually leading the company to drop its hardware offerings entirely
), and like other would-be set-top box vendors
, it looks like the economics of content delivery were simply too skewed to wrestle into profitability. Any bets on who's next?