LOS ANGELES, Oct 6 (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) on
Wednesday said it reached a deal to rent Sony (6758.T: Quote, Profile, Research, Stock Buzz) movies
28 days after they go on sale, while NCR (NCR.N: Quote, Profile, Research, Stock Buzz), which rents
DVDs at nearly 7,000 Blockbuster kiosks, reached a similar deal
with Universal Studios.
LOS ANGELES (Reuters) – Walt Disney Co on Sunday appointed two digital veterans to lead its loss-making stable of Internet properties, underscoring a renewed focus on developing digital businesses.
James Pitaro, an experienced Internet executive who just left his post at running the media properties at Yahoo Inc, will oversee Disney Online, the home of Disney branded web and social media sites.
LOS ANGELES/BANGALORE (Reuters) – Walt Disney Co has sold film studio Miramax for more than $660 million to Filmyard Holdings LLC, ending months of talks between the media group and various bidders.
Construction magnate Ron Tutor, investment firm Colony Capital LLC and other individuals are part of Filmyard Holdings, Disney said.