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


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CFO Says Verizon Seeking OTT Option as Video Subs Depart   19 Oct, 2017

Verizon continues to search for an over-the-top video business that is unique and an alternative in...More>>

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VidAngel Files For Chapter 11 Reorganization   18 Oct, 2017

VidAngel, the streaming rental video service that filters movies and TV shows of adult subject...More>>

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Netflix Adds 5.3 Million Subs, Stock at All-Time High   16 Oct, 2017

Netflix Oct. 16 said it gained a ecord 5.3 million subscribers worldwide in the third quarter...More>>

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Fandango Acquiring MovieTickets.com    13 Oct, 2017

Fandango Oct. 13 announced an agreement to acquire MovieTickets.com — joining Fandango, Flixster,...More>>

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AT&T: 90,000 Video Subs Lost in Q3   12 Oct, 2017

AT&T doesn’t release quarterly earnings until Oct. 24, but that didn’t stop the telecom giant...More>>

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Roku IPO Doesn’t Disappoint   28 Sep, 2017

Roku’s Sept. 28 initial public offering (IPO) attracted myriad investors eager to get in on the...More>>

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Nearly 50% of U.K. Internet Users Stream Netflix   19 Sep, 2017

TV disruptor Netflix is now streamed by almost 50% of Internet users in the United Kingdom,...More>>

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Barnes & Noble Narrows Q1 Nook Loss   19 Sep, 2017

National bookseller Barnes & Noble saw its Nook Digital Business unit post first-quarter (ended...More>>

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RLJ Entertainment OTT Video Properties Add 50,000 Subs   18 Sep, 2017

RLJ Entertainment subscription streaming video services Acorn TV and Urban Movie Channel have...More>>

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FilmRise Raises $50 Million in Funding   8 Sep, 2017

Upstart distributor FilmRise announced raising $50 million in financing to further acquisition of...More>>

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Comcast Projects 150,000 Video Sub Loss in Q3   7 Sep, 2017

After adding more than 160,000 video subscribers in 2016, Comcast Cable expects to lose nearly as...More>>

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Trans World Entertainment Widens Q2 Loss    7 Sep, 2017

Trans World Entertainment Corp. reported a $5.4 million f.y.e. operating loss on revenue of $58.9...More>>

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Cinedigm Stockholders Approve Bison Transaction   4 Sep, 2017

Cinedigm has announced the stockholder approval of its proposal to issue and sell 20 million shares...More>>

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Roku Planning $100 Million IPO   4 Sep, 2017

Roku, the streaming media manufacturer that helped Netflix launch the SVOD market 10 years ago,...More>>

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SpotX Fully Acquired by RTL Group   30 Aug, 2017

Video ad-serving platform SpotX announced Aug. 30 that RTL Group will acquire all of its remaining...More>>

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GameStop Ups Q2 Collectibles Revenue 36%   30 Aug, 2017

GameStop reported second-quarter (ended July 28) collectibles sales increased 36.1% to $122.5...More>>

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Best Buy Reports 15% Surge in Q2 Entertainment Sales   29 Aug, 2017

Best Buy Aug. 29 reported a 15.4% increase in second-quarter (ended July 30) same-store domestic...More>>

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CBS Buys Australian Broadcaster Network Ten   28 Aug, 2017

CBS Corp. is acquiring Network Ten, one of three major broadcast networks in Australia. Financial...More>>

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MGM Q2 Home Entertainment Revenue Plummets 69%   21 Aug, 2017

MGM reported second-quarter (ended June 30) home entertainment revenue from theatrical content of...More>>

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Sony DADC Partnering With Video Game Company   20 Aug, 2017

Sony Digital Audio Disc Corp. has inked a partnership with DreamGear LLC, a North American provider...More>>

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