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Movie Gallery Lost $38.9M in Q1 2008
Movie Gallery Inc. reported a net loss of $38.9 million on revenue of $555 million for the period from Jan. 6, 2008 to April 6, 2008 — the last quarterly period before it emerged from Chapter 11 bankruptcy protection May 20, according to Jan. 8, 2009 filing.
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Analyst Projects Movie Income Surge at News Corp.
Spurred by favorable theatrical (and likely Blu-ray and catalog DVD) releases through the end of fiscal 2009 (ending June 30), Pali Capital analyst Rich Greenfield said 20th Century Fox Studios would realize $823 million in operating income, up $58 million from a previous estimate.
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PS3 in 3rd in December
Sony Corp.’s PlayStation 3, which includes a Blu-ray Disc player, came in third in the next-generation console sales sweepstakes in December.
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‘Angel of Death’ Bows Online
The 10-episode thriller “Angel of Death,” with Lucy Lawless and Zoe Bell, will premiere March 2 on Crackle.com, Sony Pictures Entertainment’s online video network.
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Hawaii Embarks Upon DTV Transition
Hawaii was the first state to make the complete switch to all-digital TV Jan. 15, doing so without any major technological hitches, but with thousands of residents still unprepared for the analog shutdown, news media reported.
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