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Saturday, April 15, 2017
Circuit City Circuit City Brand to be Sold for $6.5M

Shuttered Circuit City Stores could continue operations as an e-commerce business if a proposed $6.5 million purchase of its trademark and related web properties is approved by a bankruptcy court.

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Image Entertainment Image, Nyx Negotiate $1M Merger Extension Payment

The prolonged $100 million cash purchase of Image Entertainment by Nyx Acquisitions has become sidetracked by negotiations over a $1 million payment to Image in order to extend the closing date for a third time, to April 20.

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Philips Phillips Loses $78 Million in Q1

Consumer electronics company Philips April 14 reported a first-quarter loss of $78 million, with drops across all of its product lines during the economic recession.

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Netflix Wedbush: Netflix Spending $100M on Streaming in 2009

Shares of online DVD rental pioneer and Wall Street darling Netflix Inc. have apparently reached their zenith for fiscal 2009, according to a new analyst report.

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jvc JVC Bows 46-inch 3-D Monitor

For home entertainment connoisseurs not impacted by the recession, JVC in May will launch a 46-inch LCD high-definition (1.5-inch) monitor capable of playing 3-D videos in 1080p resolution.

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