11.19.2008 - Sonic to Acquire CinemaNow
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Novato, California (November 19, 2008) - Sonic Solutions® (NASDAQ: SNIC), the leader in digital media software, today announced that it has entered into a definitive agreement to acquire CinemaNow, a privately held online entertainment provider based in Marina Del Rey, California. CinemaNow is at the forefront of digital video distribution, offering over 6,000 high-quality Hollywood movies, TV shows and music videos to users across multiple platforms. The company has relationships with more than 250 content providers, including all major Hollywood studios, and supplies premium entertainment services to a host of PC and consumer electronics device manufacturers such as Dell, HP, Samsung, TiVo, DivX, and ARCHOS.
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