Rovi aims for consumer digital video with $720M Sonic Solutions buy

Seemingly out of nowhere, the content guide and copy protection specialist Rovi announced tonight that it intends to acquire digital media company Sonic Solutions, maker of the popular Roxio media creation software, for $720 million.

“European Netflix” Lovefilm comes to the Playstation 3

Lovefilm, the “NetFlix of Europe”, has just announced that its streaming video subscription service will now be available on Sony’s PlayStation 3 video-game consoles in the UK. Lovefilm currently has 1.4 million subscribers in Europe. More than 3 million households in the UK own a PS3.