July 26, 2007 |
Target Corp., the nation's second-largest retailer, will start selling a Sony Corp. Blu-ray high-definition DVD player during the holiday shopping period and feature the player along with Blu-ray discs in store displays, dealing a potential blow to the rival HD DVD format.
November 1, 2011 |
Spending on home entertainment totaled $3.9 billion in the third quarter, up 5% from a year earlier, marking the first increase since the recession took hold in 2008. Purchases of recorded movies fell to $1.7 billion in the latest period, down 4% from the third quarter of 2010, a new report from Digital Entertainment Group shows. The continued drop in consumer purchases of movies came despite the growth in popularity of Blu-ray discs. Sales of Blu-ray discs, an increasingly popular format, were up 58%, but that wasn't enough to offset a decline in DVD sales.
September 10, 2011 |
In an effort to strengthen its retail business, Walt Disney Co. has consolidated sales of toys, books, apparel, DVDs and video games under a single division to be headed by Robert Chapek, the newly named president of consumer products. The former distribution chief for Walt Disney Studios will oversee an expanded consumer products group that will handle retail and licensing across the entertainment giant's businesses, from its film units — Pixar Animation Studios, Marvel Entertainment and Disney — to the interactive media and television groups.
August 21, 2012 |
"The Hunger Games" put life into the stagnant home entertainment market this weekend, as fans snatched up 3.8 million DVDs and Blu-ray discs in the title's first two days on sale in the U.S. and Canada. That's more than either of the last two "Twilight" films, whose launch pattern" The Hunger Games" mimicked. In February of this year, "The Twilight Saga: Breaking Dawn, Part 1" sold 3.2 million DVDs and Blu-rays on its first weekend, while "Eclipse" debuted to 2.7 million units in December 2010.
March 31, 2009 |
Netflix flexed its muscle Monday, saying it would raise prices about 20% for subscribers who rent Blu-ray movie discs. The movie service said the higher rates would allow it to stock more copies of the high-definition discs to keep pace with demand. The rate change, which takes effect April 27, will add $4 to the $17 monthly fee paid by subscribers who rent three movies at a time. Customers who rent standard DVDs will not be affected.
December 15, 2011 |
Video game consoles aren't just for gaming anymore. Increasingly, people are using their Xbox 360, PlayStation 3 and Wii devices to stream movies and TV shows, according to a survey released Wednesday by Nielsen Co. Because all three consoles readily connect to the Internet, viewers can use them to access video-on-demand services like Netflix, Hulu, YouTube, Major League Baseball Network and ESPN to watch on their TV screens rather than on...