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More Articles By Danny King

  • Amazon to buy back 3.2% of shares
    FEB. 11 | Amazon.com said last week it will buy back as much as $1 billion in stock by the end of next year. The world’s largest online retailer also will repurchase about $1.06 billion in debt. More
  • Lionsgate DVD revenue falls 7.5%
    FEB. 11 | Lionsgate Entertainment’s fiscal third-quarter home entertainment revenue fell 7.5% as current DVD releases failed to keep pace with year-earlier titles, the indie studio said today. More
  • Netflix to back Blu-ray exclusively
    FEB. 11 | Netflix will phase out Toshiba’s HD DVD by the end of the year in favor of Sony’s competing Blu-ray format, the company said today. More
  • Microsoft cuts $50 off Xbox 360 HD DVD add-on price
    FEB. 7 | Microsoft cut the price of its HD DVD drive for the Xbox 360 by $50 and will continue its offer for five free HD DVD movies through the end of the month, the company said on its Web site. More
  • Netflix: Higher prices for high-def a possibility
    FEB. 6 | Netflix hasn’t ruled out raising prices on high-definition rentals if a resolution to the format war between Sony’s Blu-ray Disc and the Toshiba-led HD DVD drives costs up, according to chief financial officer Barry McCarthy. More
  • DVD sales drop 9% in Disney's fiscal Q1
    FEB. 5 | Walt Disney Co.’s fiscal first-quarter earnings fell 27% from a year earlier, including DVD sales that were 9% lower than the comparable prior year period. Home entertainment titles such as Ratatouille (pictured) and Pirates of the Caribbean: At World’s End failed to match the success of year-earlier releases, including Cars and Pirates of the Caribbean: Dead Man’s Chest . More
  • News Corp. income up 1.2% in fiscal Q2
    FEB. 4 | News Corp.'s fiscal second-quarter earnings rose 1.2% on more TV advertising revenue from primetime and sports programming. But the company is expecting Blu-ray Disc and DVD sales to help lift revenue later in the year. More
  • Amazon buys Audible.com
    FEB. 1 | Amazon.com agreed yesterday to buy audiobook disc seller Audible.com for $300 million, which will broaden Amazon's digital-book-delivery methods. More
  • Netflix to buy back 6.1% of shares
    FEB. 1 | Netflix will buy back as much as $100 million in shares by the end of the year, the company said yesterday. More
  • Netflix cooks up  Dinner for Five exclusive
    JAN. 31 | Netflix will co-produce the 50th episode of Dinner for Five with the Independent Film Channel, host Jon Favreau and Swingers co-star Vince Vaughn. More
  • Amazon fourth-quarter income doubles
    JAN. 30 | Amazon.com, the world’s largest online retailer, said fourth-quarter profit met analysts’ expectations as electronics and other merchandise surged during the holiday season. More
  • Redbox tripled kiosks in 2007, expands in Midwest
    JAN. 29 | No. 1. DVD rental kiosk operator Redbox is further expanding its presence in the Midwest by adding machines in HyVee and Buehler’s supermarkets. More

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