faced its most significant crisis since its founding when it plunged into the red in 2006, due to escalating costs and weighed down by up to £6.8 million in short term debt. The distribution deal with Loewe television and the partnership to supply Aston Martin with in car entertainment (ICE) systems were terminated. The company's turnover declined by £15.5 million. Lloyds TSB, the company's bank, put Linn on its "special measures" list, and installed a troubleshooter on the board to redress and restructure the business. In 2007, the bank ordered asset disposals; all properties except the headquarters was earmarked for sale. Linn shed two-thirds of its staff, including then managing director Peter Murphy and some senior managers. At some point (after March 2007) Linn closed the original factory that was next door to Castle Precision Engineering (run by Ivor's brother) on Drakemire Drive. Thus the metalworking and training facility were moved into the Eaglesham facility. 2007 – DS (digital streaming) becomes new company strategy Linn was one of the first audio manufacturers to understand the likely impact of the internet and the future importance of the network, which became the focus of the company's new strategy under its DS - Digital Streaming – product development plan. The first product to be introduced under the new strategy was the Klimax DS network music player, Linn's first product to support the playback of 24bit/192 kHz studio master quality recordings from a digital stream over a home network. The Linn Records website – www.linnrecords.com - was the first site to sell DRM-free 24-bit Studio Master quality tracks, downloaded over the internet. The pioneering availability of Studio Master 24bit/192 kHz and introduction of the first Linn DS network music player combined to set the company's path for the future. Ivor's son Gilad was promoted from Head of Engineering to managing director in April 2008 and Ivor was brought back with executive responsibilities. In February 2009, Gilad Tiefenbrun was officially named Managing Director of the company. Ivor remains Executive Chairman. 2010 – DS-I & Label of the year The Majik DS-I was launched as the first Linn DS player to integrate a pre-amplifier allowing connected sources to be streamed onto a network and received by any other Linn DS player located throughout the home. As a result, Linn retired the dedicated Knekt multi-room system. In October Linn Records was awarded Label of the Year by