Joe Mullin
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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Entertainment, Movies, sears, sonic solutions
Andrew Wallenstein
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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Entertainment, Movies, Social Media, Video, Companies, Best Buy, rovi, sonic solutions
Rafat Ali
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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Entertainment, Movies, DVD, Money, M&A & Venture Capital, Mergers & Acquisitions, divx, sonic solutions
Joseph Tartakoff
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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Entertainment, Movies, DVD, Companies, Best Buy, cinemanow, sonic solutions
Tameka Kee
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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Entertainment, Movies, High Definitiion, Gadgets, Technologies / Formats, Broadband, Companies, Best Buy, cinemanow, sonic solutions
Rafat Ali
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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Entertainment, Movies, Money, M&A & Venture Capital, Mergers & Acquisitions, cinemanow, sonic solutions
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