Retail
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Reese Witherspoon Sells Media Company to Private Equity Group
Reese Witherspoon is selling her Hello Sunshine media company to private equity giant Blackstone Group in a transaction that reportedly could be worth as much as $900 million. Witherspoon and Hello Sunshine CEO Sarah Harden will join the yet-unnamed new company board, which will be run by former Disney executives Kevin Mayer and Tom Staggs. … Continue reading “Reese Witherspoon Sells Media Company to Private Equity Group”
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LGBTQ Family Drama ‘A Wake’ Due on DVD, Digital Aug. 31
Breaking Glass Pictures has announced the Aug. 31 release of A Wake, an LGBTQ family drama from director Scott Boswell (The Stranger in Us). The film will be available on iTunes/Apple TV, Amazon, Google Play and Vudu, as well as through local cable and satellite providers and on DVD. Starring Noah Urrea (Metal Lords), Kolton … Continue reading “LGBTQ Family Drama ‘A Wake’ Due on DVD, Digital Aug. 31”
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Reese Witherspoon Sells Media Company to Private Equity Group
Reese Witherspoon is selling her Hello Sunshine media company to private equity giant Blackstone Group in a transaction that reportedly could be worth as much as $900 million. Witherspoon and Hello Sunshine CEO Sarah Harden will join the yet-unnamed new company board, which will be run by former Disney executives Kevin Mayer and Tom Staggs. … Continue reading “Reese Witherspoon Sells Media Company to Private Equity Group”
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Netflix Sponsors NBC’s Tokyo Olympics Medals Count
With Team USA atop of the 2020 Tokyo Summer Olympics in total medals at the halfway point, Netflix, a perennial leader on most things subscription streaming video, took a marketing stand. The streamer was presenting sponsor on NBC’s Aug. 1 primetime TV broadcast of the medals count of the XXXII Olympiad with the U.S. leading … Continue reading “Netflix Sponsors NBC’s Tokyo Olympics Medals Count”
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Amazon Ups Q2 Online Sales 16% to $53.1 Billion
Amazon July 29 said it saw a 16% increase in online sales to $53.1 billion, from online revenue of $45.8 billion in the previous-year period. Online sales include product sales and digital media products available in both a physical and digital format, such as books, videos, games, music and software. Product sales include digital products … Continue reading “Amazon Ups Q2 Online Sales 16% to $53.1 Billion”
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GameStop to Rebrand EB Games in Canada
GameStop July 28 announced that it plans to rebrand 4,000 EB Games stores in Canada to GameStop. By the end of this year, EB Games’ Canadian locations and online store will assume the GameStop brand and name. GameStop acquired Electronic Boutique in 2005 for $1 billion. It remains Canada’s largest video game retailer. “This decision … Continue reading “GameStop to Rebrand EB Games in Canada”
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‘Wrath of Man’ Tops Redbox Charts for Second Week
MGM and Warner Bros. Home Entertainment’s Wrath of Man held the No. 1 spots on the Redbox disc rental chart and the Redbox On Demand chart the week ended July 25. It’s the second consecutive week on top of both charts for the action thriller that stars Jason Statham as a mysterious armored truck guard … Continue reading “‘Wrath of Man’ Tops Redbox Charts for Second Week”
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Merchandising: Get a ‘Quiet Place 2’ Steelbook at Best Buy
Paramount’s A Quiet Place Part II was the most notable Blu-ray/DVD release of July 27, and sure enough Best Buy offered an exclusive Steelbook edition for it. Best Buy’s 4K Ultra HD Blu-ray combo pack of the horror sequel was offered for $34.99. Separately, Best Buy is running a promotion timed to the theatrical debut … Continue reading “Merchandising: Get a ‘Quiet Place 2’ Steelbook at Best Buy”
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Disney/Marvel’s ‘Black Widow’ Arrives Early on Digital Aug. 10, and 4K Ultra HD, Blu-ray Disc/DVD Sept. 14
Disney-owned Marvel Studios has announced that superhero theatrical/PVOD hit Black Widow is arriving early on all major digital platforms on Aug. 10, and on 4K Ultra HD, Blu-ray Disc and DVD on Sept. 14. The movie, starring Scarlett Johansson, generated $322 million at the global box office, including $155 million domestically. It also generated more … Continue reading “Disney/Marvel’s ‘Black Widow’ Arrives Early on Digital Aug. 10, and 4K Ultra HD, Blu-ray Disc/DVD Sept. 14”
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Redbox Rising: Rental Giant Banks on a Digital Transformation to Reinvent Itself
Digital transformation is the buzzword of the tech era, but for Redbox, it’s a mission statement, marching order and battle cry, all rolled up in one. Since taking the helm of the Bellevue, Wash.-based company in September 2016, the same month the company went private in a sale to Apollo Global Management, CEO Galen Smith … Continue reading “Redbox Rising: Rental Giant Banks on a Digital Transformation to Reinvent Itself”
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Merchandising: ‘Spiral’ Steelbook at Best Buy
The list of new releases for July 20 wasn’t too extensive, with the only notable theatrical release making its way to disc being Lionsgate’s Spiral: From the Book of Saw. In fact, some Southern California Target and Walmart locations didn’t even bother updating their new-release shelves with the latest entry in the “Saw” franchise. Best … Continue reading “Merchandising: ‘Spiral’ Steelbook at Best Buy”