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Sunday, December 17, 2017
Profits Down and Layoffs for Best Buy, Despite Blu-ray Sales Growth

Despite double-digit sales increases of Blu-ray players, Best Buy's profits fell fell 77% for the third quarter, and the company is offering nearly all of its 4,000 corporate employees a voluntary separation plan.

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Comcast: 33% of HDTV Owners Don’t Watch HD

Seeking to generate incremental revenue from high-definition content, Comcast Corp. said that despite a 50% increase in HDTV ownership over the past year, 33% of HDTV owners do not watch HD programming.

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Report: VOD Surges Despite Economy

A new study suggests discretionary entertainment spending is staying in the home, portending new opportunities for broadband-delivered content and services, including video-on-demand (VOD).

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Redbox Enters 7-Eleven, Airports, Gas Stations

DVD rental kiosk operator Redbox has quietly begun installing units in 2,600 7-Eleven convenience stores nationwide, in addition to select airports and gas stations.

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Vudu Launches Web Application

Set-top movie-delivery box provider Vudu has announced the launch of its Vudu RIA, or rich Internet application, to bring Web-hosted rich applications and services to its set-top box and other compatible consumer electronics devices.

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