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


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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>>

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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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F.Y.E. Stores Generate $8.3 Million Q4 Profit   16 Mar, 2017

Trans World Entertainment Corp. March 16 reported fourth-quarter (ended Jan. 28) income of $8.6...More>>

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Click Communications Acquires Carl Samrock PR to Form New Agency   15 Mar, 2017

Digital marketing firm Click Communications is acquiring veteran PR executive Carl Samrock’s...More>>

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European Commission OKs AT&T's Time Warner Purchase   15 Mar, 2017

The European Commission — the executive arm of the European Union — March 15 formally approved...More>>

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Acorn TV, Urban Movie Channel Reach 500,000 Combined Subs   14 Mar, 2017

RLJ Entertainment March 14 announced its proprietary subscription streaming video services —...More>>

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MGM Reports 9% Decline in 2016 Home Entertainment Revenue   8 Mar, 2017

MGM Holdings, which includes Metro-Goldwyn-Mayer Studios, reported a 9% decline in home...More>>

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hhgregg Shuttering 40% of Store Locations   2 Mar, 2017

Consumer electronics and appliance retailer hhgregg March 2 announced it would close 88 of 220...More>>

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Best Buy Q4 Entertainment Sales Plummet    1 Mar, 2017

Best Buy March 1 reported same-store entertainment sales dropped 18.6% in the fourth quarter...More>>

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Sling TV Offsets Dish Q4 Subscriber Declines   22 Feb, 2017

Dish Feb. 22 announced it added 28,000 net new pay-TV subs in the fourth quarter, ended Dec. 31,...More>>

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Lionsgate Ups Q3 Home Entertainment Revenue 35%   21 Feb, 2017

Lionsgate saw third-quarter (ended Dec. 31, 2016) home entertainment revenue increase 35% to $192...More>>

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Walmart Reports Soft Q4 Entertainment Sales   21 Feb, 2017

Walmart said fourth-quarter (ended Jan. 31) domestic sales of packaged media, including music,...More>>

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January Video Game Revenue Dips   16 Feb, 2017

Total video game sales in January fell 4% from the previous-year period to $610.7 million —...More>>

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Moonves: CBS On Pace for 8 Million Combined Subs for 'All Access,' Showtime OTT   15 Feb, 2017

CBS continues to herald rollout of separate over-the-top video services, CBS All Access and...More>>

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Time Warner Shareholders Approve AT&T Merger   15 Feb, 2017

As expected, Time Warner shareholders Feb. 15 approved AT&T’s $85.4 billion acquisition of the...More>>

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Cinedigm OTT Video Ventures Top 80K Subs   14 Feb, 2017

Independent home entertainment distributor Cinedigm Feb. 14 announced that its standalone...More>>

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WWE Nearly Doubles Q4 Home Entertainment Revenue   9 Feb, 2017

World Wrestling Entertainment (WWE) Feb. 9 reported fourth-quarter (ended Dec. 31, 2016) home...More>>

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Strong Holiday Sales Boost Paramount Home Entertainment   9 Feb, 2017

Paramount Home Media Distribution Feb. 9 reported first-quarter (ended Dec. 31, 2016) revenue of...More>>

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Lionsgate Secures Home Entertainment Deal With EuropaCorp.   8 Feb, 2017

As Lionsgate continues to meld Starz Distribution with its home entertainment operations into a new...More>>

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