entertainment division
Meteor Games to publish high-end online game Hawken in December (exclusive)
venturebeat.com
Hawken is one of the coolest online games in development for publication on the web. Adhesive Games, the startup studio that is making the game, is announcing today that its Meteor Entertainment division will publish the game as a free-to-pay title in December. Hawken is a “mech shooter” title,...
Redbox snatches up NCR's entertainment division, future of Blockbuster kiosks unclear
www.engadget.com
If you thought Coinstar was through making industry rattling announcements today, you were wrong. After taking the wraps off its joint venture with Verizon, now the company has announced it'll be taking over NCR's entertainment division for $100 million. That includes DVD kiosks, retailer contracts and an inventory of...
"No Truth" To Report That News Corp Might Buy Monster In Spinout, Says Source (MMW, NWS)
www.businessinsider.com
There is "no truth" to a Times report that News Corp may buy Monster.com in the next couple days, a source close to News Corp tells us. News Corp is considering whether to split in two – a very profitable entertainment division and a not-so-profitable publishing division. The New York...
CBS Connect’s social TV platform wants to connect fans and stars
thenextweb.com
CBS.com has just launched a social TV platform called ‘CBS Connect‘, Lost Remote reports. According to the media company, its new site aims to be “a new social hub connecting fans with each other and CBS stars.” As usual with social TV platforms, CBS Connect aggregates content from Twitter and...
Windows Work? 'Harry Potter' DVD Sales help Drive Time Warner's Q4 Profits
paidcontent.org
Delaying DVD and Blu-ray rental releases to outlets including Netflix (NSDQ: NFLX) and Redbox made the magic of Harry Potter even more potent. That was the takeaway from Time Warner (NYSE: TWX) Inc.‘s fourth-quarter financial report to investors Wednesday. Driven partly by strong disc sales of its eighth and...
Microsoft sells over 67 million Xbox 360s, 19 million Kinects
www.bgr.com
Yusuf Mehdi, the CMO of Microsoft’s Interactive Entertainment Division, announced on Tuesday that more than 67 million Xbox 360s have been sold since the console launched in 2005, and it has generated more than $56 billion in sales. The motion sensing input accessory, Kinect, has sold more than 19...
Microsoft says it has sold 67M Xbox 360s, 19M Kinects, and generated $56B in game revenues
venturebeat.com
Microsoft said today that it has generated more than $56 billion at retail from its game business and it has sold 67 million Xbox 360 consoles since 2005. It has also sold more than 19 million Kinect motion sensors since 2010. Yusuf Mehdi, the chief marketing officer of Microsoft’s...
Game developers salivate over the new iPad’s specs
venturebeat.com
The new iPad’s high-end specifications are perfect for game developers and they will up the ante when it comes to building better graphics into their games. The new iPad has a much better Retina Display, with a resolution of 2048 x 1536, or enough to display 3.1 million pixels on...
LG debuts cloud storage service with emphasis on media streaming
venturebeat.com
South Korean electronics giant LG has introduced LG Cloud, a service that lets users store and access content across Android phones, smart TVs, and PCs, the company announced today. LG Cloud arrives in beta form on tomorrow. The company will try to differentiate its offering from just-launched Google Drive...
Splitting the baby: News Corp. may separate entertainment, newspaper businesses
venturebeat.com
News Corp’s entertainment business is surging. Its newspaper sector — not so much. This is likely why News Corp. chief Rupert Murdoch is considering splitting the company’s publishing and entertainment divisions, the Wall Street Journal reports. With the split, News Corp.’s film and television businesses would together become an...
UltraViolet Studios: HBO Blackout Will Lift In Time For Wal-Mart Launch
paidcontent.org
Don’t worry, we’ll work this out in time for the big dance. That was the essential message from top home entertainment officials who are still negotiating with HBO over pay TV window restrictions that currently prevent some Universal and Fox (NSDQ: NWS) titles from being distributed through the UltraViolet...
Redbox grabs NCR leisure assets, may end Blockbuster kiosks
www.electronista.com
Redbox finished Monday by acquiring NCR's entertainment division. The $100 million move would see it buy NCR's 35,000 disc kiosks, usually attached to Blockbuster Express, as well as retailer deals and discs themselves. As part of the swap, Redbox's parent company Coinstar will get software and services that will ultimately...
Microsoft Q3 revenue grows almost across the board, beats Wall Street expectations
www.computerworld.com
Microsoft revenue grew across most of its businesses in the third quarter, with the exception of its entertainment division, but profit fell slightly, the company said on Thursday....
Mobile helps Square Enix back to profitability, $75.9 million in net income
www.insidemobileapps.com
Square Enix is once again profitable, thanks to an increase in net sales and income assisted by its growing mobile gaming business. According to the company’s most recent financial results for the fiscal year ending on March 31, 2012, net sales rose 2.1 percent year-on-year to 127.8 billion yen ($1.6 billion),...
Microsoft Q3 Revenue Grows Almost Across the Board, Beats Wall Street Expectations
www.pcworld.com
Microsoft revenue grew across most of its businesses in the third quarter, with the exception of its entertainment division, but profit fell slightly, the......
Penguin, Macmillan and Nosy Crow talk digital books for children
www.guardian.co.uk
How publishers can make reading experiences that parents feel 'more positive about than Angry Birds'For much of the book publishing world, the move to digital is all about e-books. That brings big challenges (and regulatory scrutiny) around distribution deals and pricing, but less around the actual content and design.For children's...
Robbie Bach’s four startup lessons from Xbox and Zune
www.geekwire.com
Robbie Bach, former president of Microsoft's Entertainment & Devices Division, speaks to the Northwest Entrepreneur Network today on the subject of "intrapreneurship," drawing lessons from the Xbox and Zune. Former Microsoft executive Robbie Bach led the company’s entertainment division through the rise of the Xbox business, which has become a...
Should Cinemas Raise Prices for Oscar-Winning Movies?
www.wired.com
Winning an Oscar not only signals the high quality of a film, but also creates a marketing windfall. Given all of this newly-created value, it’s fair for cinemas to consider raising ticket prices for Oscar-winning-or even Oscar-nominated films. The industry could use the extra revenue. While the movie business...
LG reports second straight loss in Q4
www.bgr.com
LG Electronics on Wednesday posted its second consecutive quarterly loss despite record flat-panel TV shipments and solid performance from its mobile handset division. The South Korea-based electronics vendor recorded revenue of KRW 13.81 trillion, or approximately $12.05 billion USD, in the fourth quarter of 2011 along with an operating...
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