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…
Posted In: Legal, Social Media, Video, divx, stage6
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…
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…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, divx, liveuniverse, revver, stage6
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…
Posted In: Technologies / Formats, Broadband, divx, jordan greenhall, stage6
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