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Friday, September 16, 2016
Best Buy Testing Digital Entertainment Distribution, Q2 Sales Down

Ongoing consumer discomfort with the economy, underscored by a 23.4% decline in entertainment software sales, contributed to Best Buy Co. reporting second-quarter (ended Aug. 29) income of $158 million, compared to income of $202 million during the previous-year period.

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Blockbuster Eyes Store Closures, Stock Surges

Shares of the Dallas-based No. 1 DVD rental service Sept. 15 climbed nearly 7% in midday trading after it disclosed in a regulatory filing that it would shutter nearly 960 company-owned stores through 2010.

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Jim Funk of Roku, David Devisser of Adobe Systems, and Sean Besser of Rovi EMA Conference Panelists Talk Blu-ray, Electronic Delivery

LOS ANGELES — It’s finally going to be Blu-ray’s year, said Bill Mandel, VP of broadband technology for Universal Pictures, who expects Blu-ray Disc to finally achieve widespread consumer adoption this holiday season.

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Murdoch Looking at Paid Content for Hulu

Making good on his vow to derail the free-for-all of intellectual property on the Internet, News Corp. chairman and CEO Rupert Murdoch Sept. 15 told an investor group in New York the media giant is looking at adding monthly subscriptions and pay-per-view content to Hulu.

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Zune and Zune Marketplace Zune Offers HD, Rentals and Purchases Through Zune Marketplace

Microsoft has updated its answer to the iPod, the Zune, with an HD touchscreen media player, an update to the Zune PC software, and the ability to buy or rent movies through the Zune Marketplace online store.

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