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Wednesday, February 25, 2009
image Image Shareholders Approve Acquisition

Image Entertainment shareholders Feb. 24 formally approved a $100 million cash acquisition by Nyx Acquisitions, an affiliate of Q-Black, LLC, based in San Francisco.

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DVD No Dog at DreamWorks

Profits were down for DreamWorks Animation SKG during fourth-quarter 2008, but that didn’t keep company executives from staying upbeat, especially about DVD.

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Marvel Touts DVD Success

DVD sales of The Incredible Hulk and Iron Man boosted Marvel Entertainment to a profit of $63 million during the fourth quarter of 2008 (ended Dec. 31), more than double the $27.6 million in profit the company reported in the prior-year period.

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Redbox, Uni Looking to Settle

Both Redbox and Universal Studios Home Entertainment (USHE) have told a judge in their federal civil suit that they’re willing to sit down and discuss a settlement over the use of the studios’ DVDs in Redbox’s rental kiosks.

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vudu Vudu Offers High-Def VOD

Owners of Vudu’s Internet Movie Player can now purchase downloadable 1080p high-def movies on-demand.

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