Acorn hires new president, chief financial officer

NOV. 7 | Independent DVD supplier Acorn Media Group has hired Bruce Belliveau as chief financial officer and Mark Stevens as president, replacing John Lorenz who was promoted to vice chairman.

https://www.videobusinesss.com/article/CA6498397.html?q=%2C+

PS3 a drag on Sony, but income rises

OCT. 25 | Despite tallying significant slowdown in its gaming revenue, Sony still posted mostly healthy overall earnings in its recently completed fiscal 2007 second quarter. For the three-month period ended Sept. 30, Sony recorded 73.7 billion yen ($641 million) in net income.

https://www.videobusinesss.com/article/CA6494553.html?industryid=47211&q=&q=%2C+&q...

Viacom income jumps 16% on films

FEB. 28 | Viacom’s fourth-quarter earnings beat analysts’ expectations as its Paramount Filmed Entertainment unit’s profit jumped on theatrical releases such as Bee Movie and home video titles including Transformers and Shrek the Third.

https://www.videobusinesss.com/article/CA6537649.html?

TV on DVD helps lift Disney fiscal Q4

NOV. 8 | Sales of hot TV DVD releases of ABC series Desperate Housewives, Grey’s Anatomy and Lost helped net income for The Walt Disney Co. surged 12% in the company’s fiscal 2007 fourth quarter.

https://www.videobusinesss.com/article/CA6499156.html?q=%2C+

DVD sales drop 9% in Disney's fiscal Q1

FEB. 5 | Walt Disney Co.’s fiscal first-quarter earnings fell 27% from a year earlier, including DVD sales that were 9% lower than the comparable prior year period. Home entertainment titles such as Ratatouille (pictured) and Pirates of the Caribbean: At World’s End failed to match the success of

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News Corp. income up 24% in fiscal Q4

AUG. 8 | Although News Corp.’s filmed entertainment operating income was cut nearly in half during its just ended fiscal fourth quarter, the company turned in upbeat quarterly and full-year fiscal earnings. For the three months ended June 30, News Corp.

https://www.videobusinesss.com/article/CA6466938.html

Best Buy chief financial officer leaves

NOV. 30 | FROM TWICE: Darren Jackson, Best Buy’s longtime chief financial officer and more recently head of its customer operating groups, will leave the company Dec. 7 to become president/CEO of Advance Auto Parts.

https://www.videobusinesss.com/article/CA6506770.html?

Gallery finalizes Q3 results

, Movie Gallery was able to report results for the third quarter correctly and determined that it does not need to restate any previous financial results.

https://www.videobusinesss.com/article/CA6409093.html?industryid=43291&industry=Re...

Gallery frames higher than expected Q3

NOV. 14 | Movie Gallery reported higher than expected revenue for the third quarter but said it would delay its analyst conference call and reporting of full results, including earnings, due to a lease accounting issue.

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DVD's deep impact

• Consider that no less than Peter Chernin, president and chief operating officer of News Corp., touted Fox’s position as category manager at Wal-Mart in discussing the media conglom’s quarterly performance with Wall Street analysts.

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