Register

I agree with the Privacy Policy

In The News

Walmart Posts Healthy Second-Quarter 2019 Financials

August 15, 2019

Media Play News

Future of Video

The nation’s largest retailer continues to lead in DVD and Blu-ray Disc sales, devoting significant retail space to the category, including point-of-purchase displays and ubiquitous dump bins.

“We still sell a lot of DVDs at Walmart,” Thomas Hughes, EVP of worldwide TV & digital distribution at Lionsgate, told attendees Dec. 11 at the Parks Associates’ “Future of Video” confab in Marina del Rey, Calif. “We’re on the coasts, so we don’t see it. But other people still buy DVDs.”

On an Aug. 15 earnings call with analysts to discuss the latest financial results, Greg Foran, Walmart US president and CEO, said, “We saw a strong growth in grocery … and general merchandise comps. They were up despite softness from some of weather-sensitive categories like lawn and garden and apparel. We’re really pleased with market share gains across grocery and general merchandise.” The general merchandise category includes DVDs and Blu-ray Discs.

From the article "Walmart Posts Healthy Second-Quarter 2019 Financials" by Thomas Arnold.

Previously In The News

Reality Check: Carriers Can Fight Churn With Wi-Fi

As new smartphone customers become harder to find in the U.S. mobile market, carriers are shifting their operational focus from growth in average revenue per user growth to churn management, according...

AT&T To Buy Time Warner In Media-Shaking $85.4B Deal

That streaming service is one way AT&T wants to ensure that younger consumers will still flow its way. A study by research firm Parks Associates found that nearly a quarter of millennial households ju...

AT&T Aims To Break From Streaming Crowd With Time Warner

But the trend toward live online subscriptions is expected to accelerate, which is why companies are diving in. One of the selling points for online video providers is that it is easy to sign up. C...

Today's Cable TV May Not Be Better But It Sure Is More Expensive

According to Parks Associates, a market research firm, 63 percent of U.S. households with broadband connections subscribed to at least one over-the-top video service at the end of September, up from 5...

‹
1
2
...
409
410
411
412
413
414
415
...
646
647
›