As the old joke goes, everyone knew the floating crap game was crooked but played anyway -- because it was the only game in town. This came to mind with a Wall Street Journal report earlier this week that Sony Pictures has entered into a distribution agreement with kiosk video rental firm Redbox. In addition, … Continue reading Redbox Cuts Deals as Movie Studios Scrape for Digital Dollars
Just a few days after the announcement that Sony Corp. agreed to buy all of Sony BMG Music Entertainment -- a move which evidences Sony's appreciation of the value of media content -- the New York Times features an article on Time Warner with a similar "content is king" message. But beneath the similarities … Continue reading Time Warner: It’s All About Content
Sony Corp. has agreed to buy Bertelsmann AG's half of their jointly-own venture Sony BMG Music Entertainment, placing a valuation of $1.8 billion on the recorded music company (via the Wall Street Journal). This is another move in Sony's plan to provide a vertically-integrated chain of media content, software services, and hardware devices -- a … Continue reading Sony’s New Content Play
Sony CEO Howard Stringer this past Thursday announced the company's plans to make video download services available through all of its major products over the next three years, including Sony televisions, computers, video game consoles, and music players. (See coverage in the Wall Street Journal and the New York Times.) Just one day after Knowledge@Wharton … Continue reading Digital Convergence: Will Sony Get it Right This Time?
Warner Brothers Entertainment today announced that the company plans to release high-definition movies exclusively in Blu-ray format beginning this spring, which comes as a major blow to the competing HD DVD camp. Only two major studios -- Universal Pictures and Paramount Pictures -- are now providing high definition content exclusively in the HD DVD format, … Continue reading Warner Backs Blu-Ray: The Beginning of the End of the High-Def Format Wars?