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Saturday, January 14, 2017
Circuit City Accepting Auction Bids

Bankrupt Circuit City Stores Jan. 13 began accepting auction bids for a myriad of assets, including inventory, Web operations, leases, property and the in-home Firedog service, among other items.

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SAG Declines Action Against Chief Negotiator

Efforts within the Screen Actors Guild to oust its chief negotiator, Doug Allen, from further contract talks with the studios failed when the national board Jan. 13 declined to take “substantive actions” following a 30-hour meeting.

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Analyst Says Sony, Microsoft Will Drop Console Prices

Sony will drop the price of its 80GB PlayStation 3 by $100 to $299 this April, predicts Wedbush Morgan Securities analyst Michael Pachter, and Microsoft will have no choice but to follow suit and slash $50 off its Xbox 360 Pro model this summer.

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Report: Online CE Sales Can’t Overcome Drop in Store Sales

Online sales of consumer technology products were up more than 7% this holiday season, according to the NPD Group. That wasn’t enough to offset a more than 8% decline in brick-and-mortar consumer technology sales.

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Amex Digital to Release BD Player

Amex Digital has thrown its hat into the Blu-ray Disc player arena, announcing it will soon release its BD-P1 with an SRP of $239.

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