June 16, 2011 |
Amid a continuing industrywide slump in DVD sales, Walt Disney Studios issued layoff notices on Wednesday as part of a plan to shed about 200 jobs. The cuts include an undisclosed number of layoffs and dozens of jobs that have been unfilled, primarily in the studio's home entertainment division in Burbank, said a person familiar with the matter who was not authorized to comment. The movie studio behind the current worldwide hit "Pirates of the Caribbean: On Stranger Tides," employs about 5,000 people globally.
August 8, 2012 |
Consumers are renting fewer movies in total even as they make the switch to digital from physical media. The total number of movies rented by Americans in the first half of 2012 declined 10% compared to the same period a year ago, according to a consumer survey by the NPD Group. The research firm did not provide information on the total number of movies rented. Within that overall decline, rentals of DVDs and high-definition Blu-ray discs dropped a more sizable 17%. However, online rentals from video-on-demand outlets like Comcast and iTunes and subscription services like Netflix grew 5% during the January-to-June period.
February 20, 2008 |
Is it time to go Blu? Now that the format war with rival HD DVD is over, you might be tempted to rush out and buy a Blu-ray player as a companion for your high-definition television. If you're mainly looking for a good price, this could be your time. "The prices of Blu-ray players were forced down by the war with HD DVD," said Richard Doherty, research director of technology consulting firm Envisioneering Group.
July 4, 2007 |
The European Commission said Tuesday that it had asked several Hollywood studios to explain why they chose either the Blue-ray disc or HD DVD format for movie discs to see whether they were breaking European Union rules that bar companies from shutting out rivals. The Sony Corp.-backed Blu-ray format has won strong support from Hollywood. Walt Disney Co., News Corp.'
March 11, 2005 |
Apple Computer Inc. on Thursday backed Sony Corp.'s Blu-ray format for the next generation of digital videodiscs, bolstering Sony's effort to dominate the $26.1-billion U.S. market for DVDs and players. Apple, whose computers including the iMac run software to create DVDs, joined the board of the Blu-ray Disc Assn., Blu-ray said. Sony is fighting to win support over Toshiba Corp. and NEC Corp.'s HD-DVD standard.
January 15, 2008 |
Consumer electronics maker Toshiba Corp. said Monday that it was slashing prices of its HD DVD format players by 40% to 50% as major Hollywood studios move to embrace Sony Corp.'s Blu-ray format for high-definition DVDs. Toshiba America Consumer Products said it cut prices of its HD DVD players effective Jan. 13 to boost market adoption of its next-generation DVD players by mainstream consumers after what it said was a successful fourth quarter in unit sales.
August 30, 2012 |
Lionsgate was back on top with its "Hunger Games" last week, returning to the top of both the sales and rental charts. Newcomer "The Dictator," from Sasha Baron Cohen, made noise too, as did releases of Paramount TV shows "NCIS" and "Dexter" and Disney classics "Pocahontas" and "The Rescuers. " Below are the 10 most bought and rented DVDs and Blu-ray discs in the the U.S. last week, according to Rentrak Corp. Top 10 DVD and Blu-ray sales 1. "The Hunger Games" (Lionsgate)
April 23, 2010 |
Ending a protracted legal dispute, Redbox has reached long-term distribution agreements with 20th Century Fox and Universal Studios to make their DVDs and Blu-ray discs available in its kiosks 28 days after their home video release. The deals, announced Thursday, ensure that popular movies such as "Avatar" and "It's Complicated" will be available through the $1-a-day rental kiosks — albeit four weeks after they're available on DVD. The studios had fought to impose a waiting period to prevent discount rentals from cannibalizing higher-margin DVD sales and rentals.
October 25, 2012 |
Warner Bros. and Redbox have reached a multi-year deal that reduces the wait for new movies available through the retailer's popular red rental kiosks. The studio said it will make newly released movies available to Redbox within 28 days of the DVDs and Blu-ray discs going on sale, starting in January. Earlier this year, the Time Warner Inc.-owned studio instituted a new policy that all DVD rental outlets must wait 56 days from the time the disc goes on sale at retail outlets Wal-Mart and Best Buy until consumers can rent them.
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December 23, 2013 |
The sixth movie in the "Fast & Furious" series burned rubber in the home video market, but it couldn't top the minions of "Despicable Me 2. " The computer animated family comedy, the sequel to 2010's "Despicable Me" featuring the voices of Steve Carell and Kristen Wiig , was the top-selling DVD and Blu-ray title in its first week in release. That comes as no surprise after its distributor, Universal Pictures, ...