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Divx

Video Codec Firm DivX Being Bought By Sonic Solutions for $323 Million

Jun 2, 2010 7:02 AM

Someone finally cares enough for Divx. Sonic Solutions, the digital media solutions firm and owner of CinemaNow online movie service, has announced its intent to buy DivX (NSDQ: DIVX), the long outlier in the digital video codec space. Sonic will pay $3.75 in cash and 0.514 of its own shares…

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Posted In: Entertainment, Movies, DVD, Money, M&A & Venture Capital, Mergers & Acquisitions, divx, sonic solutions

DivX Acquires Streaming Video Tech Firm AnySource For $7.5 Million, Plus Earnout

Sep 1, 2009 6:00 PM

Digital video tech firm DivX has acquired IPTV-enabler AnySource Media in a deal that’s potentially worth $15 million. DivX (NSDQ: DIVX) will pay $7.5 million in cash up front, with additional cash payments totaling $7.5 million over the next three years, if the company hits specific technical, revenue and distribution…

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Posted In: E-Commerce, Media & Publishing, TV, IPTV, Money, M&A & Venture Capital, Mergers & Acquisitions, divx

DivX, Film Fresh Get Studios’ Blessings For Download-to-Own Movie Service

Aug 26, 2009 9:07 AM

Funny how certain Hollywood studios have chosen to embrace certain new movie distribution strategies, and yet fight hard against the evolution of others. Warner Bros., Lionsgate, Sony (NYSE: SNE) Pictures and Paramount have all agreed to seed a new download-to-own movie store from DivX (NSDQ: DIVX) and film site Film…

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Posted In: Entertainment, Movies, DVD, Technologies / Formats, Companies, Best Buy, Cablevision, Comcast, Disney, ABC, Playdom, Microsoft, MSN, NBC Universal, CNBC, Playboy, Spotify, Time Warner, Warner Bros., Warner Music Group, divx, paramount, sony pictures entertainment

DivX Files Lawsuit Against Yahoo On Advertising Payment Breach

Nov 17, 2008 4:13 PM

DivX (NSDQ: DIVX), the San Diego-based online video codec and tech firm, has filed a lawsuit against Yahoo (NSDQ: YHOO), accusing it of going back on its two-year advertising services agreement announced in September last year. Yahoo notified the company that it intends to breach the contract and discontinue making…

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Posted In: Legal, Companies, Yahoo, divx

Earnings
Earnings: DivX Q2 Near High End; Outlook In Line

Aug 7, 2008 3:35 PM

Digital video technology firm DivX (NSDQ: DIVX) has announced Q2 revenue of $21.3 million, up 16.6 percent from last year. Net income jumped to $1.67 million ($.05 per share) from $1.0 million ($.03 per share). Set against a self-provided chart of quarterly expectations, the key numbers all came in high.…

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Posted In: Money, Earnings, divx

Earnings
Earnings: DivX Q1 Revs Up 24 Percent; Full-Year Outlook Raised

May 5, 2008 3:15 PM

Digital encoding firm DivX (NSDQ: DIVX) announced Q1 revenue of $25 million, a 24 percent increase from $20.2 million in the year-ago quarter. Net income slid to $2.48 million ($.07 per share) from $3.6 million ($.10 per share), although this current quarter included various one-time charges. Among them: the shutdown…

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Posted In: Money, Earnings, divx

10-K Watch: DivX: So Goes Stage6, So Goes Veatros

Mar 17, 2008 5:15 PM

Mounting costs and legal issues contributed to the shuttering of DivX (NSDQ: DIVX) video sharing site Stage6, the company again emphasized in its 10-K filing today. The filing provides a precise timeline of events related to the copyright infringement and legal battles with UMG that were discussed on the company’s…

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Posted In: Money, Social Media, divx

DivX On Stage6 Shutdown: Copyright, Costs To Blame; Universal Music Asked For $30 Million

Mar 12, 2008 10:19 AM

Copyright issues contributed to the shutdown of Stage6, the video sharing site owned by DivX, says management. On last night’s conference call, reported by CNET, CFO Dan Halvorsen cited “potential copyright litigation” in explaining the move. Apparently, the company preemptively went to court to win an order proclaiming it not…

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Posted In: Legal, Social Media, Video, divx, stage6

Earnings
Earnings: DivX Q4 Revs Up 47 Percent; $3.5 Million in Stage6 Costs

Mar 11, 2008 4:16 PM

Digital encoding firm DivX (NSDQ: DIVX) announced Q4 revenues of $24.5 million, a 47 percent year-over-year increase from $16.7 million in the year-ago period. Net income went the other way, narrowing to $3.7 million ($.11 per share) from $7.4 million ($.21 per share). However, the company said it took about…

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Posted In: Money, Earnings, divx, stage6

LiveUniverse Looking To Acquire Video Site Stage6… Which Has Been Shut Down

Mar 8, 2008 11:44 AM

This is a new one even for Brad Greenspan… after having established a reputation for attempting to thwart deals (News Corp.-MySpace, News Corp.- Dow Jones (NYSE: NWS), Linktone (NSDQ: LTON) -PT Media Nusantra Citra), now he’s trying to stop a site from closing down. His company LiveUniverse has made a…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, divx, liveuniverse, revver, stage6

Divx Founder Resigns From Board; Company Doing A Rethink On Stage6 Spinoff

Dec 21, 2007 1:06 PM

DivX (NSDQ: DIVX) certainly had its share of activity this year, even if most of it wasn’t all that great: it went public a little over a year ago, and has bought a few companies since then. In an attempt to arrest its financial troubles, in July, it decided to…

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Posted In: Technologies / Formats, Broadband, divx, jordan greenhall, stage6

DivX Acquiring Germany’s MainConcept AG for Up to $28 Million

Nov 14, 2007 4:12 PM

Video compression firm DivX (NSDQ: DIVX) has acquired MainConcept AG for $22 million in cash and stock ($16.2 million in cash and rest in stock) plus $5.8 million in potential earnouts through 2008. The German company is a provider of H.264 and other digital video technologies for use in media…

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Posted In: , divx, mainconcept

Earnings
Earnings: DivX Q3 Revenue Up 42 Percent; Kevin Hell Named CEO

Nov 5, 2007 4:32 PM

Video compression company DivX (NSDQ: DIVX) reported Q3 revenue of $21.9 million, up 42 percent over last year’s $15.4 million. Excluding share-based compensation and certain other items, the company earned net income of $5.9 million, up 73 percent from last year’s $3.4 million. Including those items, earnings in the quarter…

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Posted In: Money, Earnings, divx

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