News Corp. president and COO Peter Chernin’s characteristic sunny support of DVD appeared in question after the media giant’s filmed-entertainment unit (20th Century Fox Studios) reported a 30% drop in first-quarter (ended Sept. 30) fiscal 2009 operating income.
Bob Iger, president and CEO of The Walt Disney Co., remained bullish on home entertainment despite a 42% drop in its studio entertainment’s fourth quarter (ended Sept. 27) operating income to $98 million from $168 million in the previous year period.
Walt Disney Studios Home Entertainment is expecting big things from 'WALL-E' on DVD Nov. 18, evidenced by single-, double- and triple-disc offerings. But maybe more noteworthy is that Disney is throwing both two- and three-disc Blu-ray Disc versions before consumers.
The American Film Market (AFM) began Nov. 5 with the acknowledgment that the previous day’s election was weighing heavily on the minds of all in attendance.
