Opinions by Erik Gruenwedel.
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DEG: Home Entertainment Fares Better Than Retailing Overall 7 Jan, 2010
Consumer spending on home entertainment, packaged media and digital delivery combined, only slipped 5% in 2009, a less dramatic drop than retailing overall.More>>
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Time Warner CEO: DVD Market Descent Slowing 30 May, 2009
Despite the negative impact the recession had on first-quarter packaged media sales (down more than 10%) DVD sales have again stabilized, according to Jeff Bewkes, CEO of Time Warner Inc.More>>
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News Corp. Q2 Filmed-Entertainment Operating Income Up 8% 6 May, 2009
International television licensing and domestic syndication revenue contributed to News Corp. reporting an 8% rise in third-quarter (ended March 31) filmed-entertainment operating income to $282 million, compared to income of $261 million during the prior-year period.More>>
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Disney Studio Q2 Operating Income Plummets 97% 5 May, 2009
Studio entertainment revenue, which includes Walt Disney Studios Home Entertainment, in the quarter fell 21% to $1.4 billion, with operating income freefalling 97% to $13 million from $377 million last year.More>>
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Blockbuster Warns About Continued Operations 6 Apr, 2009
Blockbuster Inc. April 6 warned shareholders if it doesn’t close a previously announced amended credit facility by May 11, its ability to continue operations could be in “substantial doubt.”More>>
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Distributors Are Taking the Tough Economy in Stride 3 Apr, 2009
The Hollywood adage that there’s no such thing as bad publicity could easily apply to home entertainment distributors in the current economy.More>>
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Blockbuster Gets $250M Revolving Loan 3 Apr, 2009
Blockbuster Inc. April 2 said it successfully amended its revolving loan agreement, funded in part by JP Morgan and other financial institutions.More>>
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Blockbuster Amends Credit Facility 19 Mar, 2009
Blockbuster Inc. has taken a step toward greater financial security, despite rumors of a possible bankruptcy in recent weeks.More>>
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Analyst Predicts 13.8M ‘Monsters vs. Aliens’ Unit Shipments 18 Mar, 2009
DreamWorks Animation’s touted 3-D feature film <i>Monsters vs. Aliens</i> doesn’t bow theatrically until March 27, but Pali Capital analyst Richard Greenfield already estimates that the title will ship 13.8 million DVD/Blu-ray Disc units worldwide later this year — the lowest number of...More>>
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Analysts Ponder Blockbuster Survival 10 Mar, 2009
Analysts continue to worry whether Blockbuster can bounce back from the March 3 bankruptcy false alarm that sent the Dallas-based No. 1 DVD rental company’s stock freefalling.More>>
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