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A home theater software program was subsequently released. In January the company licensed a program called AuthorScript from Sonic Solutions to use as part of the music editing program WinProducer, and in April an agreement was reached with SRS Labs to add that firm's TruSurround XT home theater audio to its products. Much of the red ink was attributed to the high cost of research and development.Īt the beginning of 2002 InterVideo filed with the Securities and Exchange Commission for an initial public offering (IPO) of stock to raise $51.8 million, though no date for the sale was set. The number of WinDVD programs sold topped 15 million.įor 2001 sales more than doubled to $23.6 million while the company's loss widened to $9.2 million.
#Inter video win dvd creator download
The product had previously only been available bundled with new computers or sold as a download from the company's web site.
InterVideo also inaugurated retail sales of WinDVD in the United States during the year via the Fry's Electronics chain. In late 2001 the company founded a subsidiary in Shenzhen, China, called InterVideo Digital Technologies (Shenzhen) Co., Ltd., and several months later a business office was opened in Beijing to market the firm's products in that country.
#Inter video win dvd creator movie
Fall saw the release of DiscMaster 2 Gold and Platinum, an easy-to-use CD and DVD burning program, and Instant Movie Maker, which allowed users to edit and burn home movies from their camcorders with a minimum of effort. In August InterVideo began shipping version 3.0 of WinDVD, which was priced at $50 and offered the option of six-channel DTS audio for an additional $20. New programs introduced early in the year included WinRip Studio, which allowed musicians to add song lyrics, photos, text, and other information to music files and MyDVD for CD, which enabled the recording of audio and video programs onto compact discs. In February 2001 TCW/Crescent invested $16.7 million in the firm to fund further growth. By then the firm had more than 40 OEM customers, and held a 60 percent share of the computer DVD software market. The package also included WinDVD, WinCoder, WinProducer, WinDTV, WinDVR, WinRip, and WinStream, which added a variety of digital video and audio encoding and playback capabilities.įor 2000 InterVideo reported revenues of $15.4 million and a loss of $5 million.
#Inter video win dvd creator professional
In November InterVideo began working with Sonic Solutions, a leading maker of professional digital audio/video authoring software, to market that firm's video authoring program to home users in MyDVD, part of the new WinCinema suite of programs. The company reached a similar agreement with Panasonic to provide its WinCoder software for a new line of DVD-burning drives and media. The firm was also steadily signing original equipment manufacturer (OEM) deals with computer makers who would package WinDVD with their machines, adding Hewlett-Packard in the spring. In April 2000 InterVideo signed an agreement with a producer of Internet audio programs, Sonicbox, Inc., to integrate streaming audio capabilities into WinDVD. By this time the company had also opened offices in Japan and Europe. In March the firm released a version of its DVD player for the Linux operating system, which was beginning to grow in popularity. In early 2000 InterVideo partnered with Widescreen Review magazine to produce a CD-ROM for inclusion with new computers from Compaq, Gateway, and several other manufacturers that would contain the WinDVD Player, movie trailers, and a database of 1,200 reviews. The start-up firm, which was largely funded by management, soon opened an office in Taiwan, and in April 1999 Steve Ro was named president and CEO. The software program enabled Windows-based computers to play DVDs and compact discs, offering support for various formats including MPEG 1 and 2 video and the new MPEG 3 (or MP3) audio. In December the firm's first product, WinDVD, was introduced. InterVideo was founded in April 1998 by a group of software industry veterans including Honda Shing, Chinn Chin, and Steve Ro to develop programs for the new digital videodisc (DVD) format. In the fall of 2006 the California-based firm was acquired by Canadian software maker Corel Corporation. Other popular InterVideo programs include DVD Copy, WinDVD Creator, iVideoToGo, and MediaOne Gallery. Flagship offering WinDVD is bundled with Windows-based computers from manufacturers including Hewlett-Packard and Sony, while newer products such as InstantON and IVI Mobile Player let users convert their personal computer into a home entertainment center or play videos on cell phones, respectively. InterVideo, Inc., makes digital audio and video software that provide home users with a wide range of creative and playback options. Wholly Owned Subsidiary of Corel Corporation
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