Business and Financial News for the Home Media and Entertainment Industry.
News
AT&T Adds 73,000 U-verse TV Subscribers 27 Jan, 2015
AT&T Jan. 27 announced it added 73,000 net U-verse TV subscribers in the fourth quarter (ended Dec....More>>
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Apple TV Sales Declining? 27 Jan, 2015
Lost in the euphoria of Apple’s staggering fourth-quarter iPhone sales (34,000 units sold every...More>>
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Amazon Grabs 25% of Xmas Packaged-Media Spend in the U.K. 26 Jan, 2015
Amazon for the first time captured 25.6% of consumer spending on packaged-media entertainment in...More>>
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DreamWorks Animation Cutting 500 Jobs 22 Jan, 2015
DreamWorks Animation Jan. 22 announced it is eliminating 500 positions as it restructures...More>>
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Netflix Getting 'The Interview' Jan. 24; Adds 4.3 Million Subs Worldwide 20 Jan, 2015
Netflix reported a fourth-quarter (ended Dec. 31) global gain of 4.3 million subscribers, including...More>>
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Sony Stores Exiting Canada 16 Jan, 2015
Sony Corp. said it is closing all 14 of its Sony Stores operating in Canada over the next two...More>>
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Target Exiting Canadian Market 15 Jan, 2015
Target Corp. Jan. 15 announced it would cease operating retail stores in Canada — a move that...More>>
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Best Buy Reports Holiday Sales Gain 15 Jan, 2015
The entertainment category, which includes packaged-media movies, video games and music, generated...More>>
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GameStop Reports Holiday Sales Decline 13 Jan, 2015
GameStop said global holiday sales through Jan. 3 dropped 6.7% (or 4% in constant currency) to...More>>
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Tesco Sells Digital Movie Service Blinkbox 8 Jan, 2015
Blinkbox, the electronic sellthrough movie and TV show platform owned by British supermarket chain...More>>
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Trans World Entertainment Posts 10% Holiday Sales Decline 8 Jan, 2015
In a home entertainment market going digital, retailer Trans World Entertainment Jan. 8 announced...More>>
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Discs Still Dominate U.K. Home Entertainment Consumer Spending 7 Jan, 2015
With the U.K. the third-largest home video market in the world, total retail sales topped £1.43...More>>
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DEG: Digital Growth Insulates Home Entertainment Industry From Weak Box Office in 2014 6 Jan, 2015
Home entertainment leaders are looking toward significant growth in electronic sellthrough sales as...More>>
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Netflix Executives (Sort of) Take Pay Cuts in 2015 23 Dec, 2014
Netflix CEO Reed Hastings in 2015 will earn a 66% smaller paycheck, while chief content officer Ted...More>>
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2014 Year in Review 21 Dec, 2014
The industry’s move toward digital delivery became even more pronounced in 2014, with the rise of...More>>
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Microsoft Responds to Soft November Video Game Industry Numbers 12 Dec, 2014
The NPD Group reported that industry-wide sales of video game hardware in November dropped 23%...More>>
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Best Buy Exiting China Retail Market 4 Dec, 2014
Minneapolis-based Best Buy Dec. 4 announced it is selling its Five Star business to a China-based...More>>
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Coalition Forms to Stop Comcast/Time Warner Cable Union 3 Dec, 2014
A group of companies, public interest groups, labor unions and industry associations Dec. 3...More>>
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Online Shopping, Early Promotions Diminish Black Friday Crowds 30 Nov, 2014
Overall shopper traffic from Thanksgiving Day through Sunday, Nov. 30, dropped 5.2% from 2013...More>>
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GameStop Narrows Q3 Profit 21 Nov, 2014
GameStop reported a 18% decline in third-quarter (ended Nov. 1) profit to $56.4 million on revenue...More>>
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Questex Entertainment : Agent DVD /