Blockbuster Reports Loss in Q2 2010

Blockbuster Inc. announced financial results for its second quarter ended July 4, 2010. According to the statement, total revenues for the second quarter of 2010 were $788 million, compared to total revenues of $982 million for the same period one year ago. Net loss for the second quarter of 2010 was $69 million ($0.32/share) compared …

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Cinram Reports $14 Million Loss in Q2 2010

Cinram International Income Fund reported its 2010 second quarter and year to date financial results. According to the statement, on June 30, 2010 Cinram also completed the sale of its 50% share of its Mexican joint venture, Cinram Latinoamericana, S.A. de C.V (established in 1994 with Auriga-Aurex, S.A.), to its joint venture partner for total …

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Rimage Results Improve in Q2 2010

Rimage Corporation reported operating results for its second quarter of 2010 ended June 30. According to the statement, Rimage sales totaled $22.3 million, an increase of 13% from $19.8 million in the second quarter of 2009. Operating income was $3.2 million, up 26% from $2.5 million in the year-earlier period. Net income came to $2.1 …

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Technicolor Receives Offer for Grass Valley Broadcast Business

Technicolor announced that it has received a fully documented binding offer from Francisco Partners for the acquisition of the Grass Valley Broadcast business. According to the statement, this disposal process contributes to the strategic refocus around its content creators and network service providers customer base, initiated by the Group in 2009.