Sonic Foundry completed the sale of its entertainment-related business to Deluxe Media Services, giving the company $5.6 million in capital. If you’re keeping score at home, Sonic Foundry has amassed around $24 million between the sale of the entertainment group and its desktop editing tools group to Sony Pictures Digital. The company plans to use the capital to keep the company running and forge ahead with its flagship product, MediaSite Live. Related content opinion Imprezzeo makes image search easier By Jason Meserve Apr 03, 2009 1 min Video Web Search Enterprise Applications opinion Skype on the iPhone is a sweet app By Jason Meserve Apr 02, 2009 1 min iPhone opinion March Madness coming to an iPhone near you By Jason Meserve Mar 12, 2009 1 min iPhone opinion Nice play by Amazon with Kindle iPhone app By Jason Meserve Mar 10, 2009 1 min Kindle iPhone Amazon.com Podcasts Videos Resources Events NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe