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HDGiants files BK, lays off everyone but the CEO and support staff

Ben Drawbaugh
May 31, 2009
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We can't say we didn't see this one coming as the streaming and hard disk delivery service HDGiants has filed chapter 11 bankruptcy in Nevada this week and lays off everyone but the CEO Scott Bahneman and perhaps one technical support person. No word on what will happen to those Niveus owners who paid one to two thousand for a hard disk pre-loaded with HD movies in the past six months though. The company was working on expanding its services to all Media Center fans, but the economics just didn't come together as investors refused to pony up for the next level.

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