2005 In Review Part 11: NOVEMBER 20051 Jan, 2006 By: Thomas K. Arnold
Microsoft's Xbox 360 flew off shelves following its Nov. 22 debut, but some gamers soon complained of design glitches.
Home Media Retailing's third annual TV DVD Conference is a huge success, with hundreds of DVD and TV executives converging on the Marina del Rey Marriott for two days of seminars, workshops and the annual TV DVD Awards, this year co-hosted by Donny Osmond. Other celebs: Linda Gray, Christopher Knight and Jerry “The Beaver” Mathers, recipient of the first-ever Classic TV DVD Pop Culture Icon Award.
Blockbuster thwarts potential bankruptcy by completing a private equity offering of 150,000 shares of convertible preferred stock, giving the cash-strapped chain a badly needed infusion of $150 million.
Microsoft's Xbox 360 flies off shelves faster than retailers can stock it. The first major next-generation game console to hit the market is met with an estimated 4,500 “midnight madness” sales at retail stores throughout the country, as well as a huge festival in the Mojave Desert.
The first Blu-ray Disc is in the can, which means consumer electronics companies now have software to test their players. Sony Pictures Home Entertainment says authoring is complete for Charlie's Angels: Full Throttle and that the disc is being shipped to Blu-ray Disc Association member companies for trials.