By Thomas K. Arnold | Posted: 23 Feb 2009
tarnold@questex.com
Consumers are on target to buy more than 100 million Blu-ray Discs this year, nearly three times the total purchased in 2008, according to new projections from a leading home entertainment research firm. Read More »
By Erik Gruenwedel | Posted: 04 Feb 2009
egruenwedel@questex.com
Despite a sluggish start, Blu-ray, and video-on-demand (VOD) to a lesser extent, is projected to drive and dominate home video revenue over the next 10 years, according to a new report. Read More »
By Erik Gruenwedel | Posted: 12 Feb 2009
egruenwedel@questex.com
Online subscription rental, spearheaded by industry pioneer Netflix Inc., continues to be a recession buster.
The Los Gatos, Calif.-based service Feb. 12 said it added 600,000 net subscribers since the first of the year, bringing its total membership past 10 million subs. It ended 2008 with 9.4 million subscribers. Read More »
By Chris Tribbey | Posted: 12 Feb 2009
ctribbey@questex.com
Coinstar Inc. announced Feb. 12 that it will buy McDonald’s interest in DVD rental kiosk operator Redbox for as much as $151 million in cash and stock by the end of February.
The deal includes 1.5 million shares of stock in Coinstar and $10 million in cash to McDonald’s affiliate GetAMovie Inc. Coinstar also announced it would seek to buy the remaining minority interests in Redbox from other interest holders for $21.5 million to $24.9 million. Read More »
By Erik Gruenwedel | Posted: 17 Feb 2009
egruenwedel@questex.com
Mobile phone manufacturer Sony Ericsson has plans to begin offering movie downloads.
The interaction between disparate Sony brands, specifically entertainment and electronics, is a major corporate initiative disclosed by CEO Howard Stringer at CES in January. Read More »