Vid-Biz: Avatar, CinemaNow, Redbox

Avatar Tops $1 Billion Worldwide; the film becomes the fourth highest grosser ever, behind Titanic ($1.8 billion), The Lord of the Rings: The Return of the King ($1.12 billion) and Pirates of the Caribbean: Dead Man’s Chest ($1.07 billion). (Variety)

Sonic Solutions Updates CinemaNow Movie Service; the new Roxio CinemaNow service will have more interactivity, high-definition video support and 3-D viewing. (VentureBeat)

Redbox Rings in New Year with 2 Million Rentals; the company said it set a new one-day rental transaction record, topping the previous one-day record by 170,000 turns. (Video Business)

3-D Display Revenues Forecast to Reach $22B by 2018; DisplaySearch forecasts that the 3-D display market will grow from 0.7 million units and $902 million in revenues in 2008 to 196 million units and $22 billion in revenues in 2018. (press release)

Popbox Streams Web Content to the TV; a new wireless set-top box from Syabas that streams Netflix to TVs will be unveiled this week at the Consumer Electronics Show and will launch in stores this March for $129. (Video Business)

Theatrical Revenue Tops Movie Disc Sales in 2009; 2009 consumer spending on movie tickets exceeded the retail sales of movies on packaged video for the first time since the mid-’90s. (Video Business)

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