Brightcove was not a "generic app" in financial troubles. It was a well established enterprise businesses to businesses company. They will not even be able to honor current contracts.
Well established is stretching it. Executive leadership was a joke (so much so that they were caught off guard with their own axing.) Anyone who did an iota of research would’ve known this was the outcome. Brightcove hasn’t grown in the whole time I’ve been here and it’s been rounds and rounds of layoffs prior to the acquisition.
Brightcove has been coasting for a long time, either barely losing / gaining money or breaking even. For a long time the only two possible outcomes have been either the company dying or being sold, surprised it took this long
So what would one do if they happen to be paying for Beacon right now (which imo is a mess switching between 'classic' and new versions)?