Samsung tips record-high profit for 2nd quarter

Samsung Electronics Co., the world's largest maker of memory chips, mobile phones, flat-screen panels and televisions, said Friday that its preliminary second-quarter operating profit jumped nearly 80 percent from a year ...

Home video spending in US falls 2 percent in 2011

(AP) -- Home video spending in the U.S. fell 2 percent to about $18 billion in 2011. A surge in the popularity of movie streaming services like Netflix Inc. and gains in Blu-ray disc sales helped offset some of the drop ...

Studios' view-everywhere system has soft launch

(AP) -- A Hollywood initiative that aims to revive home video sales by enabling you to watch your purchased movies on multiple devices had a soft start Tuesday as Warner Bros. released "Horrible Bosses" without many of the ...

Hollywood hopes an ensemble cast boosts Blu-ray

(AP) -- Although prices for some Blu-ray players dropped below $100 this holiday season, customers are hesitating to jump into the next-generation video format. Even people who already own Blu-ray players are still buying ...

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