updated 12:15 am EST, Thu November 20, 2008
Sonic to buy CinemaNow
Sonic Solutions on Wednesday announced it would acquire CinemaNow, a digital video distribution service with over 6000 Hollywood Movies, moving one step further in growing its Qflix service. The move will reportedly blend CinemaNow into the Qflix business group, and adopting the title of Premium Content Group. Sonic is hoping the further concentration of the two services will boost placement of CinemaNow and Qflix drives.
"With CinemaNow, we look forward to expanding and deepening our relationship with OEM and retail partners as well as with the millions of consumers that we touch today through our Roxio-branded digital media applications and online services," said Dave Habiger, CEO of Sonic Solutions.