Netflix, Inc. announced that its board of directors has authorized a stock repurchase program that enables the company to purchase up to $300 million of its common stock through the end of 2012. According to the statement, this repurchase program is in addition to the authorization announced in August 2009.
iSuppli Corp. announced it has entered into an agreement in principle to acquire Screen Digest. According to the statement, while the financial terms of the deal are not public, Screen Digest and its wholly owned subsidiary Adams Media Research (AMR) will become part of iSuppli. The acquisition is expected to be completed before the end …
Polaroid announced that it has signed a five-year exclusive licensing agreement with AMW Latin America (AMW LA) to develop a wide range of Polaroid-branded consumer electronics including standalone and portable TVs, home theater systems and DVD and Blu-ray Disc (BD) players as well as home theater accessories.
Imation Corp. announced that it will release its second quarter 2010 financial results on Tuesday, July 27, 2010 at 6:00 AM Central Daylight Time (CDT). A teleconference for the financial community and a live webcast are scheduled to begin at 9:00 AM CDT.
Sonic Solutions and DivX, Inc. announced that they have signed a definitive merger agreement for Sonic Solutions to acquire DivX.
The bad news continues today. Cinram Distribution, LLC announced that it is reducing its workforce at its LaVergne, TN distribution facility. According to the statement, this action will affect 482 employees and, like the latest reductions in Olyphant, is in response to the loss of the company’s Warner Home Video account. The positions impacted by …
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Some sad news today. Cinram Manufacturing, LLC announced a reduction in its workforce at its Olyphant, PA optical disc manufacturing facility. According to the statement, this reduction will affect 155 employees and is in response to the loss of the company’s Warner Home Video account. The positions impacted by this decision represent a cross section …
Cinram International Inc. has published its 2009 Annual Report. According to the report, Cinram is one of the world’s largest providers of prerecorded multimedia products and related logistics services. Its 21 facilities in North America and Europe have the capacity to manufacture approximately 2.1 billion DVDs, 55 million Blu-ray Discs (BD) and 500 million CDs …
Sigma Designs announced that it will report its first fiscal quarter financial results following the close of regular trading on Wednesday, May 26, 2010. According to the statement, at 2:00 pm Pacific Time, Sigma’s management will conduct a conference call. Thinh Tran, chief executive officer, Thomas Gay, chief financial officer, and Ken Lowe, vice president …
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Rimage Corporation announced that it has entered into an agreement to supply approximately $11.0 million of Rimage’s recently introduced 5400N disc publishing systems for integration into retail photo labs. According to the statement, Rimage expects to ship approximately $3.0 million under this agreement in the second quarter with the balance of the systems scheduled for …
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Cinram International Income Fund announced that it will host its annual meeting of unitholders on Monday May 10, 2010 at the Ivey ING Leadership Centre in Toronto.