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Rovi Plans To Sell Former CinemaNow Technology

socalTECH

The long, turbulent history of the video-on-demand technology developed by former Marina Del Rey-based CinemaNow continues today, after current owner Rovi Corporation said Thursday afternoon that it plans to pursue a sale of its Rovi Entertainment Stores business--the remains of CinemaNow. READ MORE>>.

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CinemaNow Acquired By Sonic Solutions

socalTECH

Marina Del Rey-based Internet video-on-demand firm CinemaNow has been acquired by Sonic Solutions, Sonic said late Wednesday afternoon. Financial terms of the acquisition were not disclosed. EchoStar Communications, Index Ventures, Lions Gate Entertainment, Menlo Ventures, and Trans Cosmos USA.