The home entertainment industry’s current malaise is 80% due to the economy, and the business should be back in growth mode by 2012. So say the home entertainment presidents of four of the six majors, speaking Nov. 3 at a Blu-Con 2.0 panel discussion moderated by Merrill Lynch senior analyst Jessica Reif Cohen.
Celebrated filmmaker Martin Scorsese has emerged as one of Blu-ray Disc’s biggest cheerleaders, praising the high-definition format for faithfully recreating the theatrical experience better than any of its predecessors, including DVD.
Best Buy Co. said it would begin offering on-demand movie downloads to portable media devices through a deal with Sonic Solutions’ Roxio CinemaNow technology.
Veteran home entertainment senior executive Kelley Avery has been named to the newly created position of worldwide head of franchise strategy and distribution for DreamWorks Animation SKG.
