Sonic Purchases DivX- Should Apple be Worried? (SNIC)

Sonic Solutions (SNIC) Sonic strikes a deal to buy DivX for $323 million. Sonic is a digital media distribution company that is best known for its CinemaNow service. CinemaNow allows visitors to buy and rent movies/TV content online. Sonic’s recent acquisition will give it the rights to a very popular digital video [...]
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