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Saturday, February 13, 2016
Iron man Viacom’s Dauman Blames Economy for Soft Disc Sales

Paramount Home Entertainment’s fourth quarter (ended Dec. 31, 2008) revenue declined 6% from the previous-year period, to just over $1 billion. All filmed entertainment revenue for the fourth quarter fell 2%, to $1.87 billion.

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DTV Delay Made Official

President Obama signed the bill Feb. 11 delaying the digital TV transition to June 12. However, even though millions of American homes still getting their TV via analog transmissions have been given a reprieve, fresh concerns are popping up.

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netflix Netflix Passes 10 Million Subscribers

The Los Gatos, Calif.-based service Feb. 12 said it added 600,000 net subscribers since the first of the year, bringing its total membership past 10 million subs. It ended 2008 with 9.4 million subscribers.

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Coinstar to Buy McDonald’s Redbox Interest

Coinstar Inc. announced Feb. 12 that it will buy McDonald’s interest in DVD rental kiosk operator Redbox for as much as $151 million in cash and stock by the end of February.

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Twilight Wal-Mart Plans Big Promotion for ‘Twilight’ DVD

Wal-Mart stores and the retailer’s Web site will have special Twilight areas when the DVD is released March 21, and fans of the vampire flick can start preordering their copy starting Feb. 12 at, the company announced.

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