Thursday, November 1, 2012

Red gets Epic price cut, drops M, X and Scarlet brains by up to 45 percent

Red gets Epic price cut, drops M, X and Scarlet brains by up to 45 percent

Competition is heating up in the high-end digital cinema market, and Red is responding with a slew of massive price cuts. According to CEO Jim Jannard, this "attitude adjustment" is simply a benefit of scaling up production, yielding a decrease in component and assembly costs, and an enormous reduction in assembly time - the first Epic took 12 hours to build, while current models require just 13 minutes. As a result, the Epic-M has dropped to $24,000 (from $39,500), the Epic-X is now $19,000 (formerly $34,500), the Scarlet is $7,950 (from $9,700) and the EOL'd One MX is priced at $4,000 (once $25,000).

Engadget , Red gets Epic price cut, drops M, X and Scarlet brains by up to 45 percent, Red gets Epic price cut, drops M, X and Scarlet brains by up to 45 percent

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