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


News
Trans World Entertainment Ups Q1 Income on Deceased Founder's Insurance Payout   22 May, 2017

Trans World Entertainment Corp. May 22 announced first-quarter (ended April 29) income of $3.5...More>>

Trans World Entertainment Corp. founder Bob Higgins
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Walmart Q1 General Merchandise Sales Decline   18 May, 2017

Walmart, the nation’s largest packaged-media retailer, May 18 reported a “low single-digit”...More>>

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RLJ Entertainment Cuts Q1 Loss More Than 50%   11 May, 2017

RLJ Entertainment May 11 announced a first-quarter (ended March 31) loss of $6 million, compared...More>>

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Fox Home Entertainment Q3 Results Fail to Land Another 'Martian'   10 May, 2017

Twentieth Century Fox Studios May 10 revealed fiscal challenges replicating the 2016 third-quarter...More>>

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Disney Home Entertainment Ups Q1 Revenue 6%   9 May, 2017

New retail releases 'Moana' and 'Doctor Strange' contributed to Walt Disney Studios Home...More>>

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Camsing Acquires Stan Lee’s POW! Entertainment   8 May, 2017

Chinese marketing firm Camsing International Holding has acquired POW! Entertainment, the media and...More>>

Stan Lee
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DEG Reports Q1 2017 Home Entertainment Spending Increased 2%   4 May, 2017

Total domestic consumer spending on home entertainment in the first quarter (ended March 31)...More>>

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Paramount Home Media Distribution Ups Q2 Revenue 29%   4 May, 2017

Home entertainment continues to exhibit resilience in a streaming market as evidenced by Paramount...More>>

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Warner Finds 'Fantastic Beasts' in Home Entertainment   3 May, 2017

Warner Bros. Home Entertainment reported first-quarter (ended March 31) revenue from theatrical...More>>

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Apple iPhone Q2 Unit Sales Decline   2 May, 2017

Apple May 2 reported it sold 50.7 million iPhones in the second quarter, ended April 1, generating...More>>

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Sony Pictures Posts $298 Million Q4 Operating Profit   28 Apr, 2017

Sony Pictures April 28 reported fourth-quarter (ended March 31) operating income of $298 million,...More>>

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Comcast Added 42,000 Video Subs in Q1   27 Apr, 2017

Comcast Cable’s adoption of the cloud-based X1 set-top, and direct access to Netflix and YouTube,...More>>

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Universal Ups Q1 Home Entertainment Revenue 9%   27 Apr, 2017

Universal Pictures Home Entertainment April 27 reported first-quarter (ended March 31) revenue of...More>>

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DirecTV Now Offsetting AT&T Video Subscriber Losses   25 Apr, 2017

AT&T April 25 said the DirecTV Now online TV service is offsetting ongoing declines in its linear...More>>

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Netflix Announces €1 Billion Debt Offering   24 Apr, 2017

After posting its first profitable quarter in foreign operations, Netflix April 24 announced a €1...More>>

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Video Game Sales 'Switch' Back in March   21 Apr, 2017

After several lackluster months, sales of video games, hardware and accessories rebounded in March,...More>>

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Netflix Posts First International Profit Despite Sub Growth Decline   17 Apr, 2017

Despite a downturn in subscriber growth, Netflix April 17 reported a $43 million contribution...More>>

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MGM Assumes Full Epix Ownership With $1.2 Billion Buyout   5 Apr, 2017

Metro-Goldwyn-Mayer April 5 announced it has acquired full ownership of multiplatform premium TV...More>>

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Lionsgate Ups Kristine Klimczak to Assistant Treasurer   5 Apr, 2017

Lionsgate April 5 announced the promotion of veteran finance executive Kristine Klimczak to VP and...More>>

Kristine Klimczak
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GameStop Downplaying Physical Games Business   26 Mar, 2017

After a fourth quarter (ended Jan. 28) that saw same-store sales drop 20%, GameStop, the nation’s...More>>

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