Some ongoing notes on Stage6 March 11, 2008 The conference call is over, Stage6 continues to stay shut down and the share is $7.70. Next conference call shall be held in May.
The offers to buy Stage6 were considered, but the outcome was to shut down the content delivery business.
Some plans to migrate the content to partners like Veoh.
DivX shall concentrate especially to three areas i.e. Technology licence business, development and delivery of DivX Connected(TM), and content solutions. During the questions the share price is increasing, now at $7.50.
Today's close at Nasdaq was $10.19, up +7.94%%. DivX reports Q4 EPS of $0.11. Aftermarket / the last sale before conference call is $6.90
March 1, 2008 Stage6.com was shut down on February 28, 2008 and the directors at DivX are planning its future right now. Maybe also during this weekend as the time is passing by very fast? Well anyway, the community of over 17 million users per month is waiting for the decisions while surfing around in order to watch and upload HD videos. We have to wait until March 11, when DivX is going to provide more information related the Stage6.com shutdown.
The site is down - and the users are up.
Stage6 is now part of Veoh according to an announcement at Stage6.com. There isn't anything about that at Veoh's press center yet. However, if that is the case, it seems that the rumored money ($40 million) went to organize the deal with DivX. Another alternative for DivX might have been Vuze. Check the recent partnerships concerning the content delivery that were made in the beginning of January with Veoh and Vuze. DivX separated the sites, DivX.com and Stage6.com, last year during October-November. During that time there existed CHEWCORP.COM (http://www.chewcorp.com/ but actually nothing to see there at the moment), which purpose may have been the basin for the spin off company or selling the Stage6 to a third-party.
| News sources - 10-K Watch: DivX: So Goes Stage6, So Goes Veatros
03/17/2008 - CBS News
- DivX On Stage6 Shutdown: Copyright, Costs To Blame; Universal Music Asked For $30 Million
03/12/2008 - CBS News
- DivX Slips In Pre-Market On Drop In Q4 GAAP Profit, Sets Q1 And FY08 Forecast
03/12/2008 - RTTNews.com
- Did DivX close Stage6 to duck copyright litigation?
03/12/2008 - c|Net News.com
- UPDATE 1-DivX quarterly earnings fall; Q1 view disappoints
03/11/2008 - Reuters
- DivX Q4 Tops Ests; Q1, ‘08 Outlook Miss; Stock Off 30%
03/11/2008 - Barron's Online
- DivX Looks Like Golfing Divot (DIVX)
03/11/2008 - 24/7 Wall St.
- Earnings: DivX Q4 Revs Up 47 Percent; $3.5 Million in Stage6 Costs
03/11/2008 - CBS News
- DivX, Inc. Reports Record Fourth Quarter and Fiscal Year 2007 Financial Results
03/11/2008 - Wallstreet Online
- DivX, Inc. recorded WEBCAST
03/11/2008 - DivX, Inc.
- DivX, Inc. Reports Record Fourth Quarter and Fiscal Year 2007 Financial Results
03/11/2008 - DivX, Inc.
- Did Stage6 die of natural causes or was it killed?
03/10/2008 - Afterdawn.com
- DivX spurned offer for Stage6 site
03/08/2008 - SignOnSanDiego.com
- LiveUniverse Trying To Acquire Stage6 From Divx
03/07/2008 - TechCrunch.com
- Brad Greenspan miffed over thwarted attempts to acquire Stage6
03/07/2008 - c|net News.com
- LiveUniverse Inc. (LU) Seeks to Acquire Stage6.com
03/07/2008 - PRNewswire.com
- Is the Breakdown of Stage6 the Beginning of DivX's End?
03/06/2008 - Seeking Alpha.com
- Board of Directors authorized the Company to repurchase up to $20 million of its common stock, NASDAQ Form 8-K
03/04/2008 - NASDAQ.com
- Stage6 is part of Veoh
03/01/2008 - http://www.stage6.com
- Veoh to raise $40 million?
02/29/2008 - c|net News.com
- Veoh Raising Another $40 Million?
02/28/2008 - Silicon Alley Insider
- DivX Appoints Markus Moenig as Chief Technology Officer
02/27/2008 - DivX, Inc.
- Form 8-K for DIVX INC, "Resigned Mr. Russell (CTO), is expected to continue to assist the Company in a consulting role focused on building relationships with premium content providers."
02/27/2008 - DivX, Inc.
- Serious Drama, And Lots Of Stupidity, Behind Stage6 Shutdown
02/26/2008 - TechCrunch.com
- DivX Announces Plans to Shut Down Stage6.com
02/25/2008 - DivX, Inc.
- DivX and Veoh Networks Partner to Bring Online Video to the Digital Living Room Through DivX Connected(TM)
01/07/2008 - DivX, Inc.
- DivX and Vuze Partner to Enable Premium Video Content on the DivX Connected(TM) Platform
01/07/2008 - DivX, Inc.
- Divx Founder Resigns From Board; Company Doing A Rethink On Stage6 Spinoff
12/21/2007 - paidContent.org
- DivX Announces Resignation of R. Jordan Greenhall from Its Board of Directors
12/20/2007 - DivX, Inc.
- DivX Acquires MainConcept AG, Leading Provider of H.264 Technology
11/14/2007 - DivX, Inc.
- DivX and Yahoo! Announce Two Year Distribution Deal with Yahoo! Toolbar and Internet Explorer 7 optimized for Yahoo!
09/27/2007 - DivX, Inc.
- DivX Stage6 Goes Beta With New Look and New Features
04/05/2007 - DivX, Inc.
- DivX Launches Its Own YouTube, Stage6
08/23/2006 - GIGAOM
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