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Monday, August 07, 2017
DEG: Blu-ray, Digital Making Up for DVD Revenue Declines

Consumer spending on home entertainment dropped slightly during the second quarter of the year, but strong Blu-ray Disc and electronic sellthrough sales still have the industry up through the first half of 2013, compared with the first six months of 2012.

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Disney Expects 'The Lone Ranger' to Cost Studio up to $190 Million

Walt Disney Studios Aug. 6 reported third-quarter (ended June 30) operating income of $201 million, down 36% from operating income of $313 million during the previous-year period. Revenue declined 2% to 1.59 billion.

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Fox Q4 Operating Income Declines 16.5%

Twentieth Century Fox Studios Aug. 6 reported fourth-quarter (ended June 30) operating income of $117 million, which was down 16.5% from operating income of $140 million during the previous-year period.

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Blockbuster to Shutter Another 100 Stores

Blockbuster LLC Aug. 6 said it plans to shutter 100 domestic stores during the current third quarter, leaving it with 350 locations in operation.

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Target's 'Oblivion' Cover A Path to Retail 'Oblivion'

Merchandising: The latest new release causing retailers to line up their own exclusive editions is Universal’s sci-fi thriller 'Oblivion.'

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