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Franklin Paul, Reuters

More from Franklin Paul, Reuters

Warner Music posts wider quarterly Loss

Warner Music Group posted a wider quarterly loss and disappointing revenue on Thursday as a thin slate of new releases hurt sales in the United States, Europe and Japan.

Icahn bid bad for Lionsgate, says analyst

Carl Icahn's bid to own nearly 30% of Lions Gate Entertainment Corp. would hurt the company's credit as the activist investor gains more influence, Moody's Investors Service said on Tuesday.

TW Cable might drop Fox programming

News Corp's Fox television unit said on Friday that testy carriage negotiations with Time Warner Cable Inc could leave viewers unable to see Fox programming, including "American Idol" and NFL…

Terra Firma sues Citigroup over EMI purchase

Private equity firm Terra Firma sued Citigroup, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed in New York showed.

Warner Music posts quarterly loss

Warner Music Group, the world's third largest music company, on Tuesday reported a quarterly loss due to higher interest expense and charges for job cuts.

GameStop to offer digital downloads

Customers who visit GameStop stores will soon be able to purchase digital upgrades to their favorite video games, as the retailer eyes a shift toward digital distribution of games.

Electronic Arts buys Playfish

Electronic Arts Inc has acquired privately held Playfish for $275 million in cash plus other consideration as the maker of the "Madden NFL" series expands in the growing social gaming sector.

Best Buy, Sonic plan movie download service

Best Buy Co Inc plans to start an online service that allows consumers to buy, rent and download movies and television shows, the electronics retailer said on Tuesday.

Nintendo might cut price of Wii to $200

Nintendo might cut the price of its Wii video game console by $50 to about $200, starting this weekend, according to several technology blogs.

Microsoft slashes price of Xbox 360

Microsoft plans to slash the price of the Xbox 360 by 25%, stepping up the price war in the video game console market.

Blockbuster, Samsung on-demand video pact

Blockbuster Inc. on Tuesday announced an agreement that allows consumers to instantly view movies and video from its OnDemand service on Samsung's televisions and electronics devices.

iPhone 3GS debut draws smaller crowds

Apple Inc's latest iPhone hit stores on Friday with new features and faster speeds, drawing some fans, but not the crowds that had swarmed the previous iPhone launches.