With Media 100 posting a US$4 million loss, the company has laid off the majority of the Terran Interactive employees, sources have told MacCentral.
“Terran lost many respected and valued employees,” one source said. “I know a number of folks who worked there. There has also been a flurry of posts on the Media Cleaner message list. But nothing official has been said by Media 100.”
Terran Interactive is a subsidiary of Media 100, and the company behind the Cleaner family of products. Media 100 (develops software and systems designed to simplify the creation and delivery of video on the Internet, DVD and CD-ROM.