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Sonic Solutions

Sears Follows Other Big Retailers, Launches Digital Download Store

Dec 29, 2010 3:00 PM

The market for online movie downloads and rentals is getting a bit more crowded this week, as Sears announced it has launched its own video service, Alphaline Entertainment. Sears follows other big retailers, including Wal-Mart (NYSE: WMT) and Best Buy, which have moved into offering their own digital media services…

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Posted In: Entertainment, Movies, sears, sonic solutions

Rovi To Buy Sonic Solutions, Forming New Force In Digital Distribution

Dec 22, 2010 11:59 PM

Rovi Corp. declared its intent to acquire Sonic Solutions late Wednesday in a deal worth $720 million. The combined company could have the clout to accelerate the adoption of digital distribution in video entertainment.

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Posted In: Entertainment, Movies, Social Media, Video, Companies, Best Buy, rovi, sonic solutions

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

Best Buy’s Digital Movie Service Launches Under CinemaNow Name

May 18, 2010 2:25 PM

Best Buy’s long-awaited entry to the online video download market is here. Best Buy said last June that under an agreement with Sonic Solutions’ CinemaNow movie service it would make movies and TV shows available for download and rent through BestBuy.com, as well as various devices it sells. The company…

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Posted In: Entertainment, Movies, DVD, Companies, Best Buy, cinemanow, sonic solutions

Updated: Best Buy Gets Sonic Stake As Part Of New Streaming Deal With CinemaNow

Nov 3, 2009 11:43 AM

Updated below: Best Buy and Sonic Solutions, parent company of digital download service CinemaNow, have released more details about the on-demand content partnership they announced this summer. One of the more interesting tidbits is that Best Buy has acquired warrants that will allow it to buy an undisclosed amount of…

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Posted In: Entertainment, Movies, High Definitiion, Gadgets, Technologies / Formats, Broadband, Companies, Best Buy, cinemanow, sonic solutions

UPDATED: Online Movie Service Cinemanow Acquired By Sonic Solutions, For Mere $3 Million

Nov 19, 2008 10:38 PM

Updated: The sale price was even more of a fire sale: a mere $3 million, it turns out, and it also assumes some liabilities. Wow, that would have surely hurt its investors, listed below. Lionsgate had an 18.6 percent stake in the company. According to Sonic, CinemaNow has been generating…

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

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