Business and Financial News for the Home Media and Entertainment Industry.
News
Comcast Throws in the Towel on Time Warner Cable Acquisition Bid 24 Apr, 2015
Comcast April 24 officially ended its 14-month attempt to acquire Time Warner Cable for $45.2...More>>
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Report: Comcast Ending Time Warner Cable Acquisition Effort 23 Apr, 2015
Comcast reportedly is planning to drop its bid to acquire Time Warner Cable due to ongoing...More>>
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Sky CEO: Netflix Having Little Impact 21 Apr, 2015
Netflix launched service in six European countries in 2014 following bows in the United Kingdom and...More>>
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March Video Game Sales Decline 6% 16 Apr, 2015
Sales of new physical video games dropped 6% in March to $963.7 million, from $1 billion a year...More>>
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RLJ Entertainment Gets $15 Million Lifeline 16 Apr, 2015
BET founder and RLJ namesake Robert L. Johnson has purchased 15,000 shares of RLJ Entertainment for...More>>
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Netflix Adds Record 4.9M Subs, Tops 62M Globally 15 Apr, 2015
Netflix’s expected stock split may soon become a reality after the subscription streaming pioneer...More>>
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Lionsgate Chairman Mark Rachesky Selling 10 Million Shares 7 Apr, 2015
Lionsgate’s largest investor, Mark Rachesky, April 7 announced plans to sell 10 million shares of...More>>
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Analyst Expects 'Solid' Fiscal Quarter From Redbox 30 Mar, 2015
With the fiscal quarter of many corporations set to end March 31, Redbox’s Q1 financial results...More>>
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Best Buy Consolidates Canadian Operations 30 Mar, 2015
Best Buy Canada is closing 66 Future Shop locations, while temporarily shuttering an additional 65...More>>
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Dennis Maguire Leaving Paramount Home Media Distribution 13 Mar, 2015
Dennis Maguire, worldwide president of Paramount Home Media Distribution, is leaving the studio...More>>
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Gaiam TV Spin-Off Set for Sept. 30 12 Mar, 2015
Gaiam Inc. plans to complete transitioning Gaiam TV into a separate business unit by Sept. 30,...More>>
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Codeblack Films Inks Middle East Distribution Deal 10 Mar, 2015
Lionsgate subsidiary Codeblack Films March 10 announced it signed an output deal with Eagle Films,...More>>
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Inception Media Group to Sell Controlling Interest in Company 6 Mar, 2015
Inception Media Group, distributor of motion pictures and other video entertainment, has signed a...More>>
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Trans World Entertainment Q4 Profit Drops 5 Mar, 2015
Trans World Entertainment Corp. March 5 reported fourth-quarter (ended Jan. 31) net income of $11.7...More>>
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Best Buy Slows Entertainment Sales Decline 3 Mar, 2015
Best Buy March 3 reported a 1.8% decline in same-store entertainment revenue in the fourth-quarter...More>>
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GameStop Acquires Leases of Select Bankrupt Radio Shack Locations 2 Mar, 2015
GameStop, the nation’s largest video game retail chain, has reportedly acquired the leases of...More>>
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Home Entertainment Accounts for 95% of DreamWorks Animation Q4 Film Revenue 25 Feb, 2015
Packaged-media and electronic-distribution revenue from 'How to Train Your Dragon 2,' 'Mr. Peabody...More>>
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Weak Release Slate Drops Anchor Bay Q4 Results 25 Feb, 2015
Starz Distribution Feb. 25 reported that subsidiary Anchor Bay Entertainment generated...More>>
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Universal Q4 Financials Undermined by Lower Home Entertainment, Theatrical Revenue 24 Feb, 2015
Universal Pictures Feb. 24 reported a 60% drop in fourth-quarter (ended Dec. 31, 2014) operating...More>>
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Disc Sales Continue to Drive German Video Market 16 Feb, 2015
Despite the distraction of World Cup soccer (won by Germany) and the arrival of Netflix, the German...More>>
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Questex Entertainment : Agent DVD /