Business and Financial News for the Home Media and Entertainment Industry.
News
Revenue, Profits Rise for Lionsgate 30 May, 2013
Lionsgate May 30 reported fiscal 2013 revenue of $2.71 billion, up 71% from $1.59 billion in the...More>>
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GameStop Sales, Profit Drop 23 May, 2013
Gaming retailer GameStop May 23 reported both lower revenue and a smaller profit for the fiscal...More>>
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Coinstar CEO: More Discs, Blu-ray to Lift Redbox 16 May, 2013
Redbox is becoming more attuned to consumer rental patterns, expects Blu-ray Discs to continue...More>>
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Walmart Sales, Profit Rise, But Entertainment Dips 16 May, 2013
Walmart reported both higher revenue and earnings May 16 for its fiscal first quarter of 2013...More>>
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Viacom Home Entertainment Revenue Down 1 May, 2013
A 20% year-over-year drop in filmed entertainment revenue — including home entertainment —...More>>
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DreamWorks Animation Posts Q1 Profit 30 Apr, 2013
DreamWorks Animation rode better-than-expected home entertainment sales to a first-quarter profit...More>>
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Analysts Mixed on Coinstar Results 26 Apr, 2013
A day after Redbox parent Coinstar announced its first quarter 2013 financial results, analysts had...More>>
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Coinstar Revenue Up, Earnings Down 25 Apr, 2013
Redbox parent Coinstar April 25 reported slightly higher revenue but a drastic drop in profit for...More>>
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Apple Reports Higher Revenue 23 Apr, 2013
Apple April 23 reported higher revenue but a lower profit for its fiscal second quarter, ended...More>>
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Netflix Adds 3 Million Subs, Posts $3 Million Profit 22 Apr, 2013
Netflix April 22 again defied naysayers, adding 2 million domestic subscribers and 1 million...More>>
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RLJ Entertainment Posts $1.7 Million Q4 Profit 10 Apr, 2013
RLJ Entertainment April 10 reported fourth-quarter (ended Dec. 31) net income of $1.7 million on...More>>
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Lionsgate Eyeing ‘Divergent’ Revenue Streams 10 Apr, 2013
Summit Entertainment April 9 said it has begun principal photography in Chicago on the movie...More>>
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Disney Eyeing Layoffs at Studio, Consumer Products, Animation 5 Apr, 2013
The Walt Disney Co. reportedly will begin implementing layoffs in the coming weeks at its consumer...More>>
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Netflix Ups Ply Count in Restrooms 1 Apr, 2013
Netflix said it is increasing the thickness of toilet paper stocked in employee restrooms at its...More>>
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Trans World Entertainment to Open 20 New Stores in 2013 15 Mar, 2013
Trans World Entertainment Corp. remains bullish on packaged media, with plans to open 20 f.y.e....More>>
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NPD: February Video Game Sales Plummet 27% 14 Mar, 2013
Sales of console video games in February reached $352 million, down 27% from $484 million in sales...More>>
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Lionsgate: 'Breaking Dawn — Part 2' Opening Weekend Disc Sales Top 3.8 Million Units 5 Mar, 2013
Summit Entertainment March 5 announced teen vampire hit 'The Twilight Saga: Breaking Dawn — Part...More>>
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Redbox President: We Are ‘A Respected Part of the Industry’ 27 Feb, 2013
At the 2013 International Consumer Electronics Show in Las Vegas, Redbox president Anne Saunders...More>>
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Target's Q4 Earnings Down Slightly 27 Feb, 2013
Target Corp. Feb. 27 reported fourth-quarter earnings of $961 million, down 2% from the same...More>>
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Walmart Fourth-Quarter Sales and Profit Grow, But Entertainment Sales Drop 21 Feb, 2013
Walmart’s sales rose nearly 4% to $127.1 billion, and profit grew nearly 8% to $5.6 billion for...More>>
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