Direct Brands, parent of mail-order disc service Columbia House, among other services, has put in an offer to purchase bankrupt Borders Group Inc.More>>

Best Buy Co. June 14 reported first-quarter (ended May 28) net income of $136 million, down 12% from income of $155 million during the previous-year period.More>>

Facing a surge of its own product, Universal Studios Home Entertainment has ended its two-decades-long distribution agreement with Alliance Entertainment in Canada, which now is setting up its own distribution network there, 'Home Media Magazine' has learned.More>>

Disastrous results from the animated theatrical release of 'Mars Needs Moms' undermined strong Blu-ray Disc sales to contribute to Walt Disney Studios posting a 65% drop in second-quarter (ended April 2) operating income to $77 million, compared with operating income of $223 million during the same...More>>

Netflix shares April 26 closed down more than 9% ($1.1 billion decline) after analysts voiced concerns over the online disc rental pioneer’s foreign expansion plans, streaming content acquisition costs and mounting competition.More>>

The home entertainment juggernaut that is Netflix continued its phenomenal fiscal run, topping analyst projections with first-quarter (ended March 31) income of $60 million, up 88% from net income of $32.2 million during the previous-year period.More>>

As Japanese authorities and relief workers continue to search for victims of the March 11 earthquake and subsequent tsunami, the country’s vibrant consumer electronics industry March 14 has all but ground to a halt.More>>

Half of the new-release titles appearing in Redbox kiosks during the fourth quarter will be subject to the 28-day delay agreements with Warner, Universal and Fox, but that won’t stop Redbox from enjoying its best three months of 2011, an analyst said June 13.More>>

Sony Pictures Entertainment May 26 reported fourth-quarter (ended March 31) operating income of $432 million, up nearly 8% from operating income of $401 million during the previous-year period.More>>

Blockbuster Canada has filed for Chapter 15 bankruptcy protection, according to a filing with U.S. Bankruptcy Court in New York.More>>