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LiveUniverse is taking their attempt to acquire Stage6, the video sharing site that was recently shutdown by parent company DivX, to the masses. The company issued a press release this afternoon announcing that they have offered DivX $11 million plus equity for Stage6, but have been rejected by the DivX board, who apparently is refusing to negotiate.

In the release, LiveUniverse outlines its offer, which includes DivX retaining 10% ownership in a new video network that generates more than 400 million combined page views between its various properties.

You may recall that LiveUniverse, which is MySpace founder Brad Greenspan's company, also recently purchased Revver and officially launched LiveVideo. By most accounts, Stage6 was reasonably popular, so it would appear Live Universe is trying to acquire another video site on the cheap and leverage their existing infrastructure to minimize costs.

In addition to announcing its attempt to acquire Stage6 to the public, LiveUniverse has also setup a page for fans of Stage6 to urge DivX to take the deal. When we posted about Stage6 shutting down, a lot of disappointed users jumped in on the comments, so perhaps LiveUniverse can play hero and cause a big enough uproar to force DivX's hand.

Check out the full details of LiveUniverse's offer after the jump.

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