Business and Financial News for the Home Media and Entertainment Industry.
News
Wall Street Firm Downsizes Netflix Domestic Sub Growth 13 Jan, 2016
Netflix shares Jan. 13 were down more than 5% after Wall Street firm ITG Research suggested the...More>>
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Redbox Eyes Critical 2016 12 Jan, 2016
With Redbox reporting Q4 results Feb. 4, the kiosk disc rental service aims to close the book on a...More>>
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Time Warner CFO Reiterates Support for Warner Bros. Delaying Content Rights to SVOD 7 Jan, 2016
The day after the Consumer Electronics Show opened with Netflix showcasing its global expanse, Time...More>>
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Trans World Entertainment Reports Strongest December Comp Sales in 10 Years 7 Jan, 2016
Trans World Entertainment Jan. 7 reported same-store sales at its f.y.e. (For Your Entertainment)...More>>
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BVA: Nearly 50% of U.K. Home Entertainment Spending in 2015 on Disc 5 Jan, 2016
Consumers in the United Kingdom still covet DVDs and Blu-ray Discs, buying nearly 120 million discs...More>>
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Netflix, DreamWorks Animation Expand Distribution Deal 5 Jan, 2016
Netflix and DreamWorks Animation Jan. 5 announced updates to their current multiyear deal, making...More>>
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Quickflix Restructures Streaming Debt 28 Dec, 2015
Quickflix has restructured more than $7 million (Australian) in content license agreements related...More>>
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'Inside Out,' 'Star Wars' Top-Selling Titles at Amazon During Holidays 28 Dec, 2015
Top-selling movies at Amazon included Disney's 'Inside Out,' Universal's 'Minions' and Fox's 'Star...More>>
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Mark Horak Out at Redbox 7 Dec, 2015
Outerwall Dec. 7 quietly announced Mark Horak, president of Redbox, is stepping down — 21 months...More>>
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Dish CEO: Charter-TWC Union Would 'Destroy' Online Video Competition 2 Dec, 2015
CEO Charlie Ergen reportedly told a FCC committee that a unified Charter/TWC would create a...More>>
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ESPN Down 7 Million Subs Since 2013 30 Nov, 2015
Disney disclosed its flagship ESPN sports network has lost 7 million subscribers since 2013 —...More>>
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Rentrak, comScore Merger Passes Antitrust Hurdle 24 Nov, 2015
Rentrak and comScore Nov. 24 announced their proposed merger has passed the mandated waiting period...More>>
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GameStop CEO: 'They Can't All Be Streaming Netflix, Right?' 23 Nov, 2015
Retailer's CEO questions video gamers' whereabouts after Electronic Arts’ 'Star Wars:...More>>
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Irish Rental Chain Xtra-vision Shuttering 28 Stores 23 Nov, 2015
Irish video retail and rental chain Xtra-vision Ltd. is closing 28 of its remaining 90 stores — a...More>>
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Trans World Entertainment Opening More Stores 19 Nov, 2015
Despite a challenging retail backdrop for home entertainment, Trans World Entertainment is opening...More>>
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Best Buy Q3 Entertainment Sales Decline 6% 19 Nov, 2015
Best Buy Co. Nov. 19 reported a 6% drop in third-quarter (ended Oct. 31) same-store domestic...More>>
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RLJ Entertainment Widens Q3 Loss 16 Nov, 2015
RLJ Entertainment Nov. 16 reported a third-quarter (ended Sept. 30) loss of $8.2 million, up 5.1%...More>>
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Viacom CEO: 'Paramount Will Come Back Strongly' 12 Nov, 2015
Paramount Home Media Distribution Nov. 12 reported a 54% decline ($192 million) in fourth-quarter...More>>
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Sony Ending Betamax Production 11 Nov, 2015
Sony is pulling the plug on its venerable Betamax brand. The consumer electronics giant reportedly...More>>
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Cinedigm Ups Q2 Home Entertainment Revenue 30% 9 Nov, 2015
Cinedigm Entertainment Group Nov. 9 reported a 30% ($2.7 million) increase in second-quarter (ended...More>>
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