Some sad but not unexpected news today. Taiyo Yuden Co., Ltd. announced a number of severe actions aimed at dealing with eroding market conditions and an “extraordinary loss” within its recordable optical disc group. According to the statement, Taiyo Yuden will cut back its production of CD-R, DVD±R and BD-R media from a current level …
Continue reading ‘Taiyo Yuden Slashes Optical Disc Production’ »
Netflix, Inc. announced that it will report its third-quarter 2010 financial results and business outlook on Wednesday, October 20, 2010 at approximately 1:05 p.m. Pacific Time. In conjunction with the earnings press release, the Company will post management’s commentary to its web site.
Technicolor announced that it has sold the majority of its 50% stake in Screenvision US to Shamrock Capital Growth Fund II in return for $60 million in cash and will retain a minority equity position.
Blockbuster Inc. announced that it and its domestic subsidiaries have filed voluntary Chapter 11 petitions with the U.S. Bankruptcy Court for the Southern District of New York. According to the statement, Blockbuster’s non-U.S. operations and its domestic and international franchisees were not included in the filings and are not parties to the Chapter 11 proceedings.
Universal Pictures International Entertainment (UPIE) and Paramount Home Entertainment International (PHEI) announced that they have reached an agreement for PHEI to distribute the entire UPIE home entertainment product slate in Spain.
Cinram International Income Fund announced that it has adopted a unitholder rights plan, commonly called a poison pill, to give its board of trustees time to consider alternatives in the event of an unsolicited takeover bid.
Imation Corp. announced that it will release its third quarter 2010 financial results on Tuesday, October 26, 2010 at 6:00 AM Central Daylight Time (CDT). A teleconference for the financial community and a live webcast are scheduled to begin at 9:00 AM CDT.
Sony Corporation announced that it is selling its Barcelona, Spain technology center, which manufactures LCD TVs for the European market, to Ficosa International, S.A. and COMSA EMTE SL.
Atlas Holdings LLC announced that it has signed a definitive agreement with MeadWestvaco Corporation (MWV) to purchase MWV’s network of global media and entertainment packaging businesses, which specialize in packaging for Blu-ray discs, DVDs, music and video games.
Sigma Designs, Inc. reported its financial results and business highlights for its second fiscal quarter ended July 31, 2010. Sigma Designs trades on the NASDAQ under the symbol SIGM.
Sigma Designs announced that it will report its second fiscal quarter financial results following the close of regular trading on Wednesday, August 25, 2010. According to the statement, at 2:00 pm Pacific Time, Sigma’s management will conduct a conference call. Thinh Tran, chief executive officer, Thomas Gay, chief financial officer, and Ken Lowe, vice president …
Continue reading ‘Sigma Designs Schedules Q2 Conference Call’ »