Pro-Active files Chapter 7 bankruptcy
MAY 14 | Pro-Active Entertainment Group filed for Chapter 7 bankruptcy protection in U.S. Bankruptcy Court for the Central District of California on May 7.
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Toshiba 'assessing' HD DVD, expected to abandon format
FEB. 18 | Toshiba Corp. on Monday said that it is “currently assessing its business strategies” regarding HD DVD, although “no decision has been made at this moment.” The three sentence statement was in response to a flurry of Japanese media reports over the weekend that the consumer electronics company will pull the plug on the losing high-def disc format as early as this week.
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DEG plants first Green Media Summit
FEB. 1 | The Digital Entertainment Group (DEG) will present its first Green Media Summit April 2 at the Luxe Hotel in Los Angeles. The one-day conference is intended to be the first in a series of events aimed at educating the studio and entertainment communities about environmentally friendly options for the delivery of digital entertainment media.
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