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Thursday, July 27, 2017
Amazon Q2 Income Declines 8%

Online retailer Amazon July 26 reported that North American sales of DVD and Blu-ray Disc movies, digital downloads, music CDs, books, video games, software and consoles increased 20% to nearly $1.6 billion for the second quarter (ended June 30) compared to $1.3 billion during the previous-year period.

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DreamWorks Enjoys Solid Q2

'Kung Fu Panda 2' box office receipts and 'Megamind' home entertainment sales helped DreamWorks Animation post a profit of $34.1 million for the second quarter (ended June 30), on revenue of $218.3 million.

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Report: Netflix to Lose More Than 2M Subs

A day after producing solid quarterly results, including a membership base above 25 million, Netflix is projected to shed nearly 2.5 million subs in the third quarter due to a pending price increase for combined streaming/disc rentals, according to a new report.

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<i>Harry Potter and the Deathly Hallows — Part 1</i> Vudu Bows 99-Cent ‘Movie of the Day’

Vudu, the transactional video-on-demand service owned by Walmart, July 26 said it has integrated its entire catalog on the retail behemoth’s website.

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Retailers Find the ‘Source’

Merchandising: In addition to the usual summertime sales, July 26 heralded something that hasn’t been seen in a while: retailer exclusives with new releases.

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