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Sunday, August 06, 2017
Consumer Spending Flat in Mid-Year Home Entertainment Report

Consumer spending in the first half of the year was essentially flat with last year, but the shift toward digital distribution is becoming increasingly pronounced, according to numbers released by DEG: The Digital Entertainment Group.

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Disney Home Entertainment Hardly 'Frozen'

The Walt Disney Co. Aug. 5 credited the retail release of animated hit 'Frozen' with helping the Walt Disney Studios double third-quarter (ended June 28) net income to $411 million, compared with net income of $201 million during the prior-year period.

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Fox Drops Acquisition Bid for Time Warner

21st Century Fox Inc. Aug. 5 officially dropped its $80 billion acquisition offer for Time Warner.

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Cablevision Loses 97,000 Video Subs

Cablevision Aug. 5 reported a second-quarter (ended June 30) video subscriber base of more than 2.7 million people, which was down 97,000 subs from the prior-year period. Through the first half of the year, the Manhattan, N.Y.-based cable operator has shed 186,000 video subscribers.

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Disney's shuttered MovieBeam set-top box Disney Open to Going Consumer-Direct for Movies, Media

The Walt Disney Co. is amenable to selling its movies, TV shows and related media directly to consumers, CEO Bob Iger told analysts.

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Walmart's 'Divergent' Deluxe Edition Retailers 'Divergent' With Exclusives

Merchandising: The Aug. 5 release of Lionsgate's 'Divergent' prompted the major retailers to line up their own exclusives to try to attract buyers.

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