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Monday, July 24, 2017
Fast Cars and Dinos Help Universal Post Huge Q2

Universal Pictures July 23 reported second-quarter (ended June 30) operating cash flow of $422 million, which was up $227 million (117%) from the prior-year period. Revenue topped $2.2 billion, up nearly 93% ($1 billion) from a year ago.

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Sony Inks Distribution Deal Down Under With Transmission Films

Sony Pictures Home Entertainment July 23 announced a multiyear distribution agreement with Transmission Films, beginning Oct. 1 in New Zealand and Australia — the latter via joint venture Universal Sony Pictures Home Entertainment Australia Ltd. Sony will distribute titles on both physical and digital formats.

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Amazon Q2 Media Sales Spike 6%

Amazon continues to be a force as a retailer of movies and TV shows. The e-commerce giant generated $2.62 billion in North America second-quarter (ended June 30) media sales, up 6% from the prior-year period of $2.46 billion.

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Comcast Sheds 69,000 Video Subscribers

Comcast Cable July 23 said it lost 69,000 video subs in the second-quarter (ended June 30) to finish with a base of 22.4 million subs. That compared with a loss of 144,000 video subs during the previous-year period.

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European Union Alleges Antitrust Actions by Major Studios, Sky

The European Union July 23 filed antitrust charges against six major Hollywood studios and British satellite TV operator Sky UK, alleging the companies entered in unlawful pay-TV and digital agreements that hurt competition and hindered consumer access.

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Justice League: Gods and Monsters (Blu-ray Review)

'Gods and Monsters' has a lot of fun with its premise and is hugely entertaining while setting up its alternate versions of Superman, Batman and Wonder Woman. (Street Date 7/28/15)

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