Redbox announced it would test a price increase in several markets for both DVD and Blu-ray Disc, starting in August. Scott Di Valerio, CEO of Redbox parent company Outerwall, said during a conference call with investors the price increase tests would likely last through the end of the year.
Webslinger Spider-Man lived up to his superhero expectations, contributing to Sony Pictures reporting second-quarter (ended June 30) operating income of $78 million, up 109% from operating income of nearly $36 million during the prior-year period.
A decline in new disc releases from The Weinstein Company contributed to Starz Distribution reporting a second-quarter (ended June 30) operating loss of $3.8 million, compared with net income of $14.6 million during the prior-year period.
Director Neil Burger ('Limitless,' 'The Illusionist') had one mission when he was charged with directing 'Divergent,' the first installment of the latest action adventure franchise from Lionsgate: Stay true to the source material.