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Sonic Solutions and LG Electronics Promote DivX TV(TM) and RoxioNow(TM) to Power Entertainment from Hollywood to Home at CES 2011
Strategic alliance to bring the latest Hollywood blockbusters and the best Web programming to LG's next-generation 2011 network Blu-ray Disc players and home theater systems
SAN DIEGO and LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- DivX®, a division of Sonic Solutions® (Nasdaq: SNIC), and LG Electronics, Inc., a global leader and technology innovator in consumer electronics, today announced plans to showcase DivX TV(TM) and RoxioNow(TM) at CES 2011 as a part of a strategic alliance to include both solutions on LG's next-generation 2011 network Blu-ray Disc players and home theater systems with NetCast Entertainment Access.
(Logo: http://photos.prnewswire.com/prnh/20081124/DIVXLOGO)
Providing access to free, high-quality Web entertainment beyond the PC, DivX TV serves as a complement to the company's RoxioNow platform, which enables direct device access to paid Hollywood entertainment. Collectively, these solutions enhance the connected device experience, offering consumers more choice, convenience, and control over their entertainment. The DivX TV and RoxioNow-enabled BD650, BD670, BD690 Blu-ray Disc players and the LHB976, LHB526, LHB536, LHB336 home theater systems will be for sale in the United States through leading retailers such as Best Buy and Amazon starting this spring.
"Sonic is powering universal access to all types of digital entertainment, from Internet videos to Hollywood movies, and LG is the right partner to help us bring that content directly to the market," said Matt Milne, Executive Vice President and General Manager, DivX. "We value our relationship with LG and look forward to delivering unique personal digital media experiences to millions of consumers."
"We see Sonic as a terrific source for the delivery of paid entertainment and free web media to home and mobile electronics," said Tim Alessi, New Product Development Director, LG Electronics USA, Inc. "The addition of DivX TV and RoxioNow to our 2011 product lines enhances the value of our NetCast features in Blu-ray players and home theater systems, bringing consumers customized Internet video and premium entertainment directly to the living room in one device."
DivX TV is the company's comprehensive Internet TV service that enables consumer electronics manufacturers to bring a broad range of web-based content to home and mobile devices. A one-stop shop for consumer electronics companies that want to provide on-demand access to popular Internet videos, original web programming, and premium services; DivX TV offers a rapidly growing library of more than 10,000 videos from over 200 shows. DivX TV is a dynamic and customizable service with an intuitive menu that provides the convenience of simply watching TV. Lightweight and scalable, DivX TV enables the best of Internet TV on any device or platform, combining the best of the web with the ease of flipping channels.
The RoxioNow platform serves a broad range of premium content, including new movies and next-day TV programs, to a growing, multi-manufacturer ecosystem of home and mobile electronics. RoxioNow enables storefronts for brick and mortar retailers, cable operators, PC manufacturers, game system vendors, consumer electronics makers, and Hollywood studios' direct-to-consumer initiatives. The platform allows these companies to participate in the entertainment supply chain, add value to product offerings, and form ongoing relationships with customers. "Powered by RoxioNow(TM)" stores enable consumers to instantly rent and purchase high-quality entertainment on their favorite devices and, through the RoxioNow online entertainment library, access their content at any time, on any RoxioNow-powered device.
Sonic will be demonstrating DivX TV and RoxioNow at Pepcom's Digital Experience on Jan. 5 and at a private party at Jet at the Mirage on Jan. 6. In addition, demos of both services will be publicly shown at the LG CES booth as well as the DivX meeting rooms in the South Hall of the convention center.
About Sonic Solutions
Sonic Solutions® (NASDAQ: SNIC) enables digital media from Hollywood to Home. For more than two decades, Sonic products, service, and technology brands including Roxio®, RoxioNow(TM), DivX®, and MainConcept®,have fueled home entertainment, powered rich digital media functionality on a range of platforms for a variety of partners, and inspired unique personal media experiences for hundreds of millions of consumers. Sonic technologies are now combining to deliver a universal platform for Hollywood Studios, retailers, consumer electronics manufacturers, and PC OEMs that provides consumers instant access to premium entertainment from virtually anywhere. Sonic Solutions is headquartered in Marin County, California. Learn more at http://www.sonic.com.
Forward Looking Statements
This release may contain forward looking statements that are based upon current expectations, including the launch, distribution, and market acceptance of the DivX TV. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties, including those discussed in Sonic Solutions' annual and quarterly reports on file with the Securities and Exchange Commission. This press release should be read in conjunction with Sonic Solutions' most recent annual report on Form 10-K, Form 10-Q and other reports on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's business including risks and uncertainties that may affect future results. Sonic Solutions does not undertake to update any forward looking statements.
Sonic, the Sonic logo, Sonic Solutions, Roxio, RoxioNow, DivX, MainConcept, DivX TV and Hollywood to Home are trademarks or registered trademarks owned by Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license.
SOURCE DivX
Photo:http://photos.prnewswire.com/prnh/20081124/DIVXLOGO
http://photoarchive.ap.org/
DivX
CONTACT: Jennifer Baumgartner of DivX, +1-503-901-5371, jbaumgartner@divxcorp.com
Web Site: http://www.sonic.com/
Sonic Solutions and LG Electronics Promote DivX TV(TM) and RoxioNow(TM) to Power Entertainment from Hollywood to Home at CES 2011
Strategic alliance to bring the latest Hollywood blockbusters and the best Web programming to LG's next-generation 2011 network Blu-ray Disc players and home theater systems
SAN DIEGO and LAS VEGAS, Jan. 5, 2011 /PRNewswire/ -- DivX®, a division of Sonic Solutions® (Nasdaq: SNIC), and LG Electronics, Inc., a global leader and technology innovator in consumer electronics, today announced plans to showcase DivX TV(TM) and RoxioNow(TM) at CES 2011 as a part of a strategic alliance to include both solutions on LG's next-generation 2011 network Blu-ray Disc players and home theater systems with NetCast Entertainment Access.
(Logo: http://photos.prnewswire.com/prnh/20081124/DIVXLOGO)
Providing access to free, high-quality Web entertainment beyond the PC, DivX TV serves as a complement to the company's RoxioNow platform, which enables direct device access to paid Hollywood entertainment. Collectively, these solutions enhance the connected device experience, offering consumers more choice, convenience, and control over their entertainment. The DivX TV and RoxioNow-enabled BD650, BD670, BD690 Blu-ray Disc players and the LHB976, LHB526, LHB536, LHB336 home theater systems will be for sale in the United States through leading retailers such as Best Buy and Amazon starting this spring.
"Sonic is powering universal access to all types of digital entertainment, from Internet videos to Hollywood movies, and LG is the right partner to help us bring that content directly to the market," said Matt Milne, Executive Vice President and General Manager, DivX. "We value our relationship with LG and look forward to delivering unique personal digital media experiences to millions of consumers."
"We see Sonic as a terrific source for the delivery of paid entertainment and free web media to home and mobile electronics," said Tim Alessi, New Product Development Director, LG Electronics USA, Inc. "The addition of DivX TV and RoxioNow to our 2011 product lines enhances the value of our NetCast features in Blu-ray players and home theater systems, bringing consumers customized Internet video and premium entertainment directly to the living room in one device."
DivX TV is the company's comprehensive Internet TV service that enables consumer electronics manufacturers to bring a broad range of web-based content to home and mobile devices. A one-stop shop for consumer electronics companies that want to provide on-demand access to popular Internet videos, original web programming, and premium services; DivX TV offers a rapidly growing library of more than 10,000 videos from over 200 shows. DivX TV is a dynamic and customizable service with an intuitive menu that provides the convenience of simply watching TV. Lightweight and scalable, DivX TV enables the best of Internet TV on any device or platform, combining the best of the web with the ease of flipping channels.
The RoxioNow platform serves a broad range of premium content, including new movies and next-day TV programs, to a growing, multi-manufacturer ecosystem of home and mobile electronics. RoxioNow enables storefronts for brick and mortar retailers, cable operators, PC manufacturers, game system vendors, consumer electronics makers, and Hollywood studios' direct-to-consumer initiatives. The platform allows these companies to participate in the entertainment supply chain, add value to product offerings, and form ongoing relationships with customers. "Powered by RoxioNow(TM)" stores enable consumers to instantly rent and purchase high-quality entertainment on their favorite devices and, through the RoxioNow online entertainment library, access their content at any time, on any RoxioNow-powered device.
Sonic will be demonstrating DivX TV and RoxioNow at Pepcom's Digital Experience on Jan. 5 and at a private party at Jet at the Mirage on Jan. 6. In addition, demos of both services will be publicly shown at the LG CES booth as well as the DivX meeting rooms in the South Hall of the convention center.
About Sonic Solutions
Sonic Solutions® (NASDAQ: SNIC) enables digital media from Hollywood to Home. For more than two decades, Sonic products, service, and technology brands including Roxio®, RoxioNow(TM), DivX®, and MainConcept®,have fueled home entertainment, powered rich digital media functionality on a range of platforms for a variety of partners, and inspired unique personal media experiences for hundreds of millions of consumers. Sonic technologies are now combining to deliver a universal platform for Hollywood Studios, retailers, consumer electronics manufacturers, and PC OEMs that provides consumers instant access to premium entertainment from virtually anywhere. Sonic Solutions is headquartered in Marin County, California. Learn more at http://www.sonic.com.
Forward Looking Statements
This release may contain forward looking statements that are based upon current expectations, including the launch, distribution, and market acceptance of the DivX TV. Actual results could differ materially from those projected in the forward looking statements as a result of various risks and uncertainties, including those discussed in Sonic Solutions' annual and quarterly reports on file with the Securities and Exchange Commission. This press release should be read in conjunction with Sonic Solutions' most recent annual report on Form 10-K, Form 10-Q and other reports on file with the Securities and Exchange Commission, which contain a more detailed discussion of the Company's business including risks and uncertainties that may affect future results. Sonic Solutions does not undertake to update any forward looking statements.
Sonic, the Sonic logo, Sonic Solutions, Roxio, RoxioNow, DivX, MainConcept, DivX TV and Hollywood to Home are trademarks or registered trademarks owned by Sonic Solutions in the United States and/or other countries. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license.
SOURCE DivX
Photo:http://photos.prnewswire.com/prnh/20081124/DIVXLOGO
http://photoarchive.ap.org/
DivX
CONTACT: Jennifer Baumgartner of DivX, +1-503-901-5371, jbaumgartner@divxcorp.com
Web Site: http://www.sonic.com/