Lionsgate drops digital downloads

Another studio has exited the digital download biz.

Digital software firm Sonic Solutions has acquired CinemaNow, a 9-year-old video download store partially owned by Lionsgate, for a paltry $3 million. Minimajor’s exit from the download biz comes a year after five studios sold Movielink to Blockbuster for $6.6 million.

Since the Movielink deal, however, Apple has aggressively […]

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