Several major Hollywood studios and cable companies announced that they have joined forces for a significant push to expand consumer awareness of Movies On Demand, a service that provides a convenient and affordable way to rent top-grossing box office hits on cable.
Various published sources report that that Sony Pictures plans to lay off 450 of its employees (6.5% of its workforce) as well as not fill 100 open positions to help deal with declining DVD sales, piracy and other challenges facing the company.
Sony Pictures Home Entertainment (SPHE) announced it will begin releasing 3D content on Blu-ray Disc worldwide in 2010. According to the statement, the first planned SPHE Blu-ray 3D release will be “Cloudy With A Chance Of Meatballs,” timed to the availability of Sony Electronics’ 3D compatible BRAVIA LCD TVs and 3D compatible Blu-ray disc players …
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