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Business and Financial News for the Home Media and Entertainment Industry.


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Disney Acquires Fox Film Business for $52.4 Billion   14 Dec, 2017

As expected The Walt Disney Co. Dec. 14 announced it would be acquiring 21st Century Fox’s film...More>>

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Fox's James Murdoch Mum on Studio Asset Sale Rumors   5 Dec, 2017

Despite reported renewed corporate interest from the Walt Disney Co. and Comcast acquiring 21st...More>>

21st Century Fox CEO James Murdoch
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Regal Cinemas Agrees to $3.6 Billion Purchase by U.K.'s Cineworld   5 Dec, 2017

Regal Cinemas, the nation’s No. 2 theatrical chain, Dec. 5 said it has entered into a $3.6...More>>

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Collectibles, New Releases, Nintendo Switch Up GameStop Q3 Profit 17%   21 Nov, 2017

Strong demand for collectibles, new video games and the Nintendo Switch console contributed to...More>>

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FYE Retail Chain Widens Q3 Loss   21 Nov, 2017

Trans World Entertainment Corp. Nov. 21 said the “For Your Entertainment” (fye) retail unit...More>>

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DOJ Files Lawsuit Challenging AT&T/Time Warner Merger   20 Nov, 2017

The United States Department of Justice Nov. 20 filed an antitrust lawsuit to block AT&T’s...More>>

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NPD: October Video Game Sales Decline 11%   16 Nov, 2017

Total video game spending in October dropped 11% to $825 million, from $932 million in the...More>>

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Cinedigm Lauds Chinese Investment Close, Widens Q2 Loss   16 Nov, 2017

Home entertainment distributor Cinedigm Nov. 16 announced it formally closed the Bison Capital $30...More>>

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Best Buy Q3 Entertainment Sales Rebound   16 Nov, 2017

Best Buy Nov. 16 reported same-store domestic entertainment sales increased 4.1% in the third...More>>

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Paramount Q4 Home Entertainment Revenue Dips Slightly   16 Nov, 2017

Paramount Home Media Distribution Nov. 16 reported fourth-quarter (ended Sept. 30) revenue of $190...More>>

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MGM Studios Q3 Home Entertainment Revenue Declines    14 Nov, 2017

MGM Studios Nov. 14 reported third-quarter (ended Sept. 30) worldwide home entertainment movie...More>>

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Dish Network Loses 129,000 Q3 Video Subs   9 Nov, 2017

Dish Network Nov. 9 announced it lost 129,000 pay-TV subscribers in the third quarter (ended Sept....More>>

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Lionsgate Ups Q2 Home Entertainment Revenue   9 Nov, 2017

Lionsgate Nov. 9 reported second-quarter (ended Sept. 30) home entertainment revenue of $168.7...More>>

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Disney Expects Increased Hulu Losses Going Forward   9 Nov, 2017

The Walt Disney Co. Nov. 9 said it expects upwards of $100 million in additional losses at Hulu in...More>>

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RLJ Entertainment SVOD Services Top 620,000 Subs   9 Nov, 2017

RLJ Entertainment Nov. 9 said its branded subscription streaming video services — Acorn TV and...More>>

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Roku Stock Skyrockets Despite Q3 Net Loss   9 Nov, 2017

Roku’s first-ever fiscal-quarter result impressed Wall Street, with shares up nearly 45% in early...More>>

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Apple Inks Jennifer Aniston, Reese Witherspoon for Original Series   8 Nov, 2017

Apple reportedly has signed Jennifer Aniston and Reese Witherspoon to star and produce in two...More>>

Reese Witherspoon and Jenifer Aniston
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Fox Studio Q1 Income Declines 17%   8 Nov, 2017

The 20th Century Fox Studio Nov. 8 reported first-quarter (ended Sept. 30) operating income of $256...More>>

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AT&T CFO Says Time Warner Merger Close 'Uncertain'   8 Nov, 2017

Closure of AT&T’s $84.5 billion acquisition of Time Warner by the end of the year is now...More>>

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China's Huahua Media Pulls Plug On Paramount Pictures Movie Financing Deal   7 Nov, 2017

Paramount Pictures Nov. 7 revealed that a previously announced movie-funding deal with...More>>

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