Citing deteriorating liquidity and a weak economic environment, Circuit City Stores Nov. 3 said it would shutter 155 stores in the United States (beginning election day), scale back future store expansion and aggressively renegotiate select leases.
Wal-Mart Stores is rapidly downsizing shelf space for music CDs while increasing availability of Blu-ray and consumer electronics in select locations, according to a new report.
Social networking giant MySpace and online video advertising technology provider Auditude have teamed with Viacom’s MTV Networks to allow for advertising in audience-uploaded videos on MySpace.
Koch Entertainment Distribution Nov. 3 said it would make its library of 2,600 hours of independent home video content available for sale on the iTunes Store.
