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Saturday, January 09, 2016
CES Shows Resolve as 2009 Sales Forecast Dims

Despite a projected bounce in consumer spending in the weeks leading up to the digital TV transition Feb. 17, the Consumer Electronics Association (CEA) Jan. 8 said it expects 2009 industry sales to fall 0.6% to $171 billion, the first announced decline in recent memory.

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Weinstein Co. Restructures Genius Products Deal

GNPR Investments LLC, an affiliate of Quadrant Management, will acquire a 60% ownership stake in the company from affiliates of The Weinstein Co., which retains a 15% stake.

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Trans World December Sales No Gift

Citing unexpected non-new releases from Eminem and 50 Cent coupled with stronger DVD release slate last year, Trans World Entertainment Corp. Jan. 7 reported a comparable store sales decrease of 14% for the nine-week period ended Jan. 3, 2009.

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CES: Blu-ray Players, Web-enabled TVs and 3-D Dominate Media Day

LAS VEGAS — Buoyed by favorable consumer response to Blu-ray in the fourth quarter, consumer electronics manufacturers Jan. 7 showcased the format in several new profile 2.0 players and related home theater products, during press day at the 2009 International CES confab.

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Macrovision Brings Digital Content to Web-Enabled TVs

LAS VEGAS — Macrovision Jan. 8 unveiled a new capability to bring digital content directly to Internet-connected televisions through the company’s Consumer Electronics Interactive Program Guide (CE IPG), which is available on 58 million CE devices worldwide.

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