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Industry News

Industry News


Home Media Magazine brings the home entertainment industry breaking news, research, analysis and product information. Home Media Magazine covers all aspects of the industry, from the studios and independent content suppliers to retailers and distributors of DVD and Blu-ray Disc, as well as the digital delivery of movies, TV shows and other programming. For breaking home entertainment news, sign up to receive our daily e-newsletter.



Ultimate Electronics Ceases Operations

February 08, 2011

Consumer electronics retail chain Ultimate Electronics is ceasing operations, joining Circuit City in an industry beset by consolidation and increased outside competition from Walmart and Amazon, among others.


Toy Story 3


‘Toy Story 3’ Discs Fatten Disney Q1 Profit

February 08, 2011

Worldwide disc sales of Toy Story 3 contributed to Walt Disney Studios reporting first-quarter operating income of $375 million, up 54% from operating income of $243 million during the previous-year period.



Digiboo to Roll Out DVD-less Kiosks in Airports

February 08, 2011

Digiboo during the next three years is set to roll out 7,000 kiosks at airports and related retail locations, allowing travelers to downloaded movie rentals to any USB 3.0 flash drive and then watch them on a PC, TV, laptop or related portable device.


internet


FCC Begins Shifting Phone Subsidy to Broadband

February 08, 2011

The Federal Communications Commission Feb. 8 began the process of shifting funds from a subsidy program for rural telephone service to cover broadband services instead.


rentrak


Rentrak Narrows Q3 Loss

February 08, 2011

Rentrak Corp. Feb. 8 reported a third-quarter (ended Dec. 31) net loss of $473,000 compared with a net loss of $579,000 during the previous-year period.



MPAA Files Lawsuit Against Hotfile.com

February 08, 2011

The Motion Picture Association of America Feb. 8 filed a copyright infringement lawsuit against Hotfile.com, alleging the site encourages users to upload and digitally store major studio movies and TV programs that then are illegally downloaded by third parties.



Redbox: Greensboro, N.C., ‘Most Romantic’

February 08, 2011

Greensboro, N.C., is the most romantic city in the United States — at least if you go by the percentage of romantic comedies rented from Redbox kiosks.



‘Consumer Reports’ Gives Thumbs Up to Passive 3DTV

February 07, 2011

Comfortable viewing, cheaper glasses and a significant reduction in ghosting make the first passive 3DTV in the American market a decent rival to the active-shutter 3DTVs out there thus far, according to a Feb. 7 review by Consumer Reports.



comScore: Q4 Online Spending Up 11%

February 07, 2011

Online American retail spending during the fourth quarter of 2010 hit $43.4 billion, up 11% from Q4 2009, according to online tracking service comScore.



iTunes Dominated 2010 Online Movie Consumer Spending

February 07, 2011

Apple Inc. venerable iTunes media store ended 2010 as the online go-to destination for electronic sellthrough, or EST, and Internet-based video-on-demand, according to a new report.






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