Business and Financial News for the Home Media and Entertainment Industry.
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DirecTV Now Offsetting AT&T Video Subscriber Losses 25 Apr, 2017
AT&T April 25 said the DirecTV Now online TV service is offsetting ongoing declines in its linear...More>>
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Netflix Announces €1 Billion Debt Offering 24 Apr, 2017
After posting its first profitable quarter in foreign operations, Netflix April 24 announced a €1...More>>
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Video Game Sales 'Switch' Back in March 21 Apr, 2017
After several lackluster months, sales of video games, hardware and accessories rebounded in March,...More>>
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Netflix Posts First International Profit Despite Sub Growth Decline 17 Apr, 2017
Despite a downturn in subscriber growth, Netflix April 17 reported a $43 million contribution...More>>
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MGM Assumes Full Epix Ownership With $1.2 Billion Buyout 5 Apr, 2017
Metro-Goldwyn-Mayer April 5 announced it has acquired full ownership of multiplatform premium TV...More>>
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Lionsgate Ups Kristine Klimczak to Assistant Treasurer 5 Apr, 2017
Lionsgate April 5 announced the promotion of veteran finance executive Kristine Klimczak to VP and...More>>
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GameStop Downplaying Physical Games Business 26 Mar, 2017
After a fourth quarter (ended Jan. 28) that saw same-store sales drop 20%, GameStop, the nation’s...More>>
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F.Y.E. Stores Generate $8.3 Million Q4 Profit 16 Mar, 2017
Trans World Entertainment Corp. March 16 reported fourth-quarter (ended Jan. 28) income of $8.6...More>>
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Click Communications Acquires Carl Samrock PR to Form New Agency 15 Mar, 2017
Digital marketing firm Click Communications is acquiring veteran PR executive Carl Samrock’s...More>>
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European Commission OKs AT&T's Time Warner Purchase 15 Mar, 2017
The European Commission — the executive arm of the European Union — March 15 formally approved...More>>
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Acorn TV, Urban Movie Channel Reach 500,000 Combined Subs 14 Mar, 2017
RLJ Entertainment March 14 announced its proprietary subscription streaming video services —...More>>
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MGM Reports 9% Decline in 2016 Home Entertainment Revenue 8 Mar, 2017
MGM Holdings, which includes Metro-Goldwyn-Mayer Studios, reported a 9% decline in home...More>>
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hhgregg Shuttering 40% of Store Locations 2 Mar, 2017
Consumer electronics and appliance retailer hhgregg March 2 announced it would close 88 of 220...More>>
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Best Buy Q4 Entertainment Sales Plummet 1 Mar, 2017
Best Buy March 1 reported same-store entertainment sales dropped 18.6% in the fourth quarter...More>>
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Sling TV Offsets Dish Q4 Subscriber Declines 22 Feb, 2017
Dish Feb. 22 announced it added 28,000 net new pay-TV subs in the fourth quarter, ended Dec. 31,...More>>
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Lionsgate Ups Q3 Home Entertainment Revenue 35% 21 Feb, 2017
Lionsgate saw third-quarter (ended Dec. 31, 2016) home entertainment revenue increase 35% to $192...More>>
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Walmart Reports Soft Q4 Entertainment Sales 21 Feb, 2017
Walmart said fourth-quarter (ended Jan. 31) domestic sales of packaged media, including music,...More>>
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January Video Game Revenue Dips 16 Feb, 2017
Total video game sales in January fell 4% from the previous-year period to $610.7 million —...More>>
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Moonves: CBS On Pace for 8 Million Combined Subs for 'All Access,' Showtime OTT 15 Feb, 2017
CBS continues to herald rollout of separate over-the-top video services, CBS All Access and...More>>
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Time Warner Shareholders Approve AT&T Merger 15 Feb, 2017
As expected, Time Warner shareholders Feb. 15 approved AT&T’s $85.4 billion acquisition of the...More>>
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Questex Entertainment : Agent DVD /