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

Infographic: WWE Touts Record Breaking 2015

The Top OTT Video Services, as ranked by Parks Associates: Netflix, Amazon, Hulu, MLB.TV, WWE Network, HBO Now, Crunchyroll, NFL Game Pass, TheBlaze, Sling TV. From the article "Infographic: WWE To...

Do YOU give your Netflix password to friends? AI that can track down users who illegally share accounts is unveiled

Synamedia’s new AI isn’t just for small-time fee avoiders. Additional research from Parks Associates found that by 2021, credentials sharing will account for $9.9 billion of losses in pay-TV revenu...

Apple Reportedly Controlled 40 Percent Of The US Smartphone Market In 2015

Apple was the dominant local manufacturer by a comfortable gap between October and December, and now Parks Associates confirm the familiar status quo for the whole of last year. Namely, the research f...

Will TV Networks Cripple Streaming Sites? Time Warner Could Delay Key Shows From Hulu And Other Services

The changes are especially noticeable at Hulu, which is owned by parents of the very television networks — Fox, ABC and NBC — threatened by changes in the way we watch TV. Hulu has set itself apart...

‹
1
2
...
161
162
163
164
165
166
167
...
715
716
›