SANTA MONICA, Calif. — Like most every segment of American business, media and entertainment companies are being affected by the downturn in the economy, the panelists said.
Shares of online DVD rental pioneer Netflix Oct. 27 closed below a 52-week low as investors continued to react negatively to lower subscriber estimates.
Online DVD rental pioneer Netflix Oct. 27 said it would begin using new software that for the first time would allow Mac users to stream movies on their computers.
Sears, Roebuck and Co. plans to substantially slash prices on select Blu-ray players, movies and standard DVD on Black Friday — the infamous day-after Thanksgiving sales fest when retailers entice early holiday shoppers will special deals, according to a discount reporting Web site.
Members of the Home Theater Forum are in Hollywood this week, visiting all six major studios as well as media companies such as Pioneer and Microsoft. Their latest visit: Warner Bros. Studios.
