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Thursday, February 09, 2017
Ultimate Electronics store at Mesa Spectrum in Mesa, Ariz. Ultimate Electronics Ceases Operations

Consumer electronics retail chain Ultimate Electronics is ceasing operations, joining Circuit City in an industry beset by consolidation and increased outside competition from Walmart and Amazon, among others.

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Toy Story 3 ‘Toy Story 3’ Discs Fatten Disney Q1 Profit

Worldwide disc sales of Toy Story 3 contributed to Walt Disney Studios reporting first-quarter operating income of $375 million, up 54% from operating income of $243 million during the previous-year period.

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rentrak Rentrak Narrows Q3 Loss

Rentrak Corp. Feb. 8 reported a third-quarter (ended Dec. 31) net loss of $473,000 compared with a net loss of $579,000 during the previous-year period.

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MPAA Files Lawsuit Against Hotfile.com

The Motion Picture Association of America Feb. 8 filed a copyright infringement lawsuit against Hotfile.com, alleging the site encourages users to upload and digitally store major studio movies and TV programs that then are illegally downloaded by third parties.

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Plenty of New Titles Arrive

Merchandising: A month into 2011, things are starting to pick up after a series of slow weeks in terms of new releases.

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