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Monday, January 23, 2017
Verizon CFO: Redbox Instant Profitability Not Likely Until 2014

Characterizing Verizon’s subscription video-on-demand joint venture with Redbox as a start-up with significant capital investment, CFO Fran Shammo Jan. 22 told analysts in a fourth-quarter (ended Dec. 31) fiscal call he believes Redbox Instant by Verizon won’t positively impact the telecommunications company’s bottom line until next year.

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Lionsgate: ‘Dredd’ Top-Selling New Release of the Year

2013 may only be three weeks old, but that’s enough time for post-apocalyptic thriller Dredd to rank the No. 1 home entertainment movie released this year, according to Lionsgate.

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Julie Cartwright Cartwright Promoted to EVP at Anchor Bay

Anchor Bay Entertainment has promoted Julie Cartwright to EVP of worldwide marketing. She has served as SVP of marketing since mid-2009.

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NPD: 40% of Connected-TV Owners Stream Netflix

Netflix’s subscription video-on-demand service in the fourth quarter was a popular attraction among households with televisions connected to the Internet.

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$5 Savings Deals Abound

Merchandising: A light slate of new releases on Jan. 22 didn’t encourage much in the way of unique promotions from retailers.

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