Video Games
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Streaming Services Sundance Now and Shudder Acquire ‘A Discovery of Witches’ Based on Best Seller
Streaming services Sundance Now and Shudder July 19 announced at San Diego Comic-Con the joint acquisition of the Sky production, “A Discovery of Witches.” The original drama series will premiere in the United States and Canada simultaneously on both services, marking the first partnership of this kind for the two SVOD services, according to a press … Continue reading “Streaming Services Sundance Now and Shudder Acquire ‘A Discovery of Witches’ Based on Best Seller”
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‘Handmaid’s Tale’ Still No. 1 on Digital Originals Chart, While ‘Orange is the New Black’ Sees Demand Double
The arrival of the highly anticipated finale of Hulu’s “The Handmaid’s Tale” on July 11 meant the dystopian drama series had no trouble staying at the top of the digital originals chart the week ended July 14, with 25% higher demand compared to last week, according to Parrot Analytics data. “The Handmaid’s Tale” also surged up … Continue reading “‘Handmaid’s Tale’ Still No. 1 on Digital Originals Chart, While ‘Orange is the New Black’ Sees Demand Double”
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Warner Bros. Sets ‘DC Universe’ SVOD Pricing
Warner Bros. Digital Labs’ pending over-the-top video service, DC Universe, July 19 disclosed its pricing, which is $74.99 annually pre-ordered or $7.99 monthly upon launch. Warner will be selling memberships at 2018 Comic-Con International: San Diego, which runs through July 22. In conjunction with the pricing announcement, Warner released a first-look at the SVOD service’s … Continue reading “Warner Bros. Sets ‘DC Universe’ SVOD Pricing”
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GameStop Confirms Private Equity Talks
GameStop, the world’s largest video game retailer, June 19 confirmed it is in preliminary negotiations with unnamed third parties regarding a potential transaction. The retailer, which has seen rapid changes with the advent of digital gaming, said there was no assurance any agreement would result from these discussions. It has hired a financial advisor. “GameStop … Continue reading “GameStop Confirms Private Equity Talks”
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Comcast, Activision Team for ‘Call of Duty’ Multiplayer Early-Play Promotion
Comcast and Activision are partnering to provide gamers with a chance to play the Call of Duty: Black Ops 4 multiplayer before its official release Oct. 12. Xfinity and Activision made the announcement at the annual Electronic Entertainment Expo (E3) in Los Angeles. Starting June 14 and continuing through the end of August, people online can enter … Continue reading “Comcast, Activision Team for ‘Call of Duty’ Multiplayer Early-Play Promotion”
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Netflix Shoots Down Video Game Interest
Netflix has become much bigger than its 125 million global subscriber base. Like ecommerce behemoth Amazon, every move made by the SVOD pioneer can send ripples through Wall Street. On June 13, TechRadar claimed an exclusive on Netflix’s plans to enter the video game business, including working with Telltale Games to produce a version of … Continue reading “Netflix Shoots Down Video Game Interest”
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GameStop Q1 Profit Declines 52%; Company Names Interim CEO
GameStop May 31 reported first-quarter (ended May 5) profit of $28.2 million, down 52% from profit of $59 million during the previous-year period. Revenue declined 5.4% to $1.9 billion from $2 billion last year. The nation’s largest video game retail chain attributed the decline in large part to year-over-year comparisons with Nintendo’s bow of the … Continue reading “GameStop Q1 Profit Declines 52%; Company Names Interim CEO”
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Sony Promotion Includes Limited Edition Blue PS4
Sony Interactive Entertainment is bringing back its Days of Play PlayStation promotion, offering deals June 8-18 at participating retailers across the United States and Canada, while supplies last. The promotion includes a blue-with-gold-symbol Days of Play Limited Edition PS4 system for $299.99 ($379.99 Canadian) starting June 8. The console features a 1TB hard drive and comes with … Continue reading “Sony Promotion Includes Limited Edition Blue PS4”
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Trans World Entertainment Ups Q1 Loss
Trans World Entertainment Corp. May 29 reported a first-quarter (ended May 5) loss of $8.1 million, which was 56% higher than the $5.2 million loss reported in the previous-year period. Revenue dropped nearly 5% to $96.6 million. The company cited much of the loss on continued challenges in its f.y.e. (For Your Entertainment) mall-based home … Continue reading “Trans World Entertainment Ups Q1 Loss”
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Hedge Fund Looking for Changes at GameStop
After a costly fiscal write-down and sudden departure of the CEO at GameStop – the nation’s largest video game retailer – one major investor has seen enough. Hedge fund group Tiger Management reportedly send a letter to the GameStop board asking for a strategic review of the company’s business model. The letter comes after shares … Continue reading “Hedge Fund Looking for Changes at GameStop”
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GameStop CEO Departs After 90 Days on the Job
GameStop May 11 announced the appointment of Daniel DeMatteo as interim CEO following the sudden resignation of CEO Michael Mauler for personal reasons. Mauler, a 16-year veteran at GameStop, had replaced J. Paul Raines, who stepped down for health reasons, and later died due to a reported recurrence of brain cancer. DeMatteo, one of the … Continue reading “GameStop CEO Departs After 90 Days on the Job”
