Type Privately held Services Video content delivery Founder Curt Marvis Headquarters Los Angeles Acquisition date 2008 | Industry Video on demand Website cinemanow.com Founded 1999 Number of employees 120 | |
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Area served US, Canada and United Kingdom | ||
CinemaNow is an international over-the-top (OTT) provider of on-demand Internet streaming media available to viewers in the United States, Canada and the United Kingdom. The company was founded in 1999 and is headquartered in Los Angeles, California.
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Products and services
The CinemaNow platform is available on the web, on mobile devices running iOS and Android, the Xbox and PlayStation game consoles and CE devices including Samsung, LG, Panasonic and Toshiba. Videos from CinemaNow are available for electronic sell-through via Download To Own, in the home video release window, DVD burning, as well as rental time-limited viewing in the pay-per-view window. As of 2016, the company had 55,000 movies and TV episodes in its library.
History
CinemaNow was founded in 1999 as one of the first on-demand Internet streaming media platforms. The Company was backed by Menlo Ventures, Index Holdings, Cisco Systems, Microsoft, Lionsgate and EchoStar.
In November 2008, Sonic Solutions acquired CinemaNow. In January 2009, Sonic and Blockbuster, Inc. announced a strategic alliance to provide digital content delivery under the Blockbuster brand, essentially merging the digital storefronts of CinemaNow and its erstwhile competitor in 2007.
In 2010, Sonic Solutions and Best Buy announced a strategic alliance which resulted in Best Buy acquiring the CinemaNow brand. Sonic Solutions rebranded the CinemaNow movie technology as RoxioNow which became a white label movie store business.
Sonic Solutions was acquired by Rovi Corporation for $775 million in December 2010 and continued to operate the white label movie store business which was renamed the Rovi Entertainment Store.
In July 2013, Rovi announced that the Rovi Entertainment Store was acquired by Reliance Majestic Holdings LLC a new media company backed by Proveho Capital, a private equity firm based in Austin, Texas. In July 2014, Best Buy sold the CinemaNow business to the private equity firm Regent Equity Partners.
By January 2016, Regent Equity Partners had sold CinemaNow to the UK-based company FilmOn.