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Thursday, June 08, 2017
Disney Set to Terminate 200 Positions

The Walt Disney Co. will terminate about 200 positions in its studio operations — including home entertainment — sometime during the week of June 13, a corporate source confirmed.

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Netflix Helping Studios Up Content License Fees

Once shunned by media companies as a pariah to secondary distribution, Netflix’s deep pockets and willingness to spend big on catalog fare has media companies rolling out the welcome mat all the way to the bank.

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PlayStation to Add CinemaNow, Gets Into 3DTV Business

This fall PlayStation 3 will add Best Buy’s CinemaNow service, and Sony Computer Entertainment will release a PS3-themed, 24-inch 3DTV display, bundled with 3D glasses, an HDMI cable and a 3D game.

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T.J. Moffett Summit Promotes Two

Summit Home Entertainment June 7 promoted two executives, T.J. Moffett to EVP of home entertainment marketing and Jo Dee Freck to SVP of home entertainment technical services.

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Best Buy Has a Ring Thing

Merchandising: “Lord of the Rings” fans who pre-order 'The Lord of the Rings: Extended Edition' boxed set (due June 28) at Best Buy with a $10 deposit can get a free replica of the films’ One Ring (a $24.50 value).

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