DreamWorks Animation SKG posted a drop in third quarter profit of more than 21%, compared to the same period last year, as the company announced that co-founder David Geffen will leave the company’s board of directors.
Google is alleging media giant Viacom continued to upload content onto YouTube and then told a cyber copyright monitor to ignore the clips, despite previously filing a $1 billion copyright infringement lawsuit against the popular social video network site.
Shipments of Blu-ray players (excluding Sony’s PlayStation 3) in Western Europe are expected to triple to 1.8 million units by the end of 2009 despite current economic woes, according to a new report from Futursesource Consulting.
A joint study commissioned by the Content Delivery and Storage Association (CDSA) and the Entertainment Merchants Association (EMA) and conducted by The NPD Group found that most consumers store their DVDs and video games in their original packaging.
Verizon Communication’s nascent fiber-optic television network Oct. 28 got a boost when Disney-ABC Television Group said it would offer its primetime network line-up for free through video-on-demand (VOD) in high-definition.
