Cinram Inks Distribution Agreement With Morrisons

Posted by Hugh Bennett on 16 March 2011, 4:00 pm

Cinram International announced that it has signed a distribution services agreement with Wm Morrisons Supermarkets in the United Kingdom.

Alliance Buys EDGE Entertainment Distribution

Posted by Hugh Bennett on 11 March 2011, 3:30 pm

Platinum Equity and The Gores Group announced that Alliance Entertainment has acquired rack jobber EDGE Entertainment Distribution.

Court Approves Blockbuster Auction

Posted by Hugh Bennett on 11 March 2011, 2:30 pm

Blockbuster Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York has authorized Blockbuster to conduct an auction process for the company.

Kobo Closes Funding Round

Posted by Hugh Bennett on 9 March 2011, 3:00 pm

Kobo Inc. announced that it has closed its latest investment round, which the company says will fund its expansion into the international market for eReaders and eBooks.

Investment Firm Dissatisfied with Rimage Direction

Posted by Hugh Bennett on 9 March 2011, 11:00 am

Schacht Value Investors announced that it is calling for Rimage Corporation to focus on the company’s core business, cease looking for acquisition targets, declare a special dividend of at least $100 million ($10/share) and investigate selling the company.

TiVo Builds War Chest

Posted by Hugh Bennett on 8 March 2011, 9:30 am

TiVo Inc. announced that it plans to offer $120 million of convertible senior notes (due 2016) in a private offering.

Western Digital to Buy Hitachi HDD Business

Posted by Hugh Bennett on 7 March 2011, 2:00 pm

Western Digital and Hitachi, Ltd. announced that Western Digital will acquire Hitachi Global Storage Technologies in a cash and stock transaction valued at approximately $4.3 billion.