From e-books to streaming music, people are moving to digital formats for their entertainment. But not all are moving at the same pace. The way we buy may be as much a factor of gender and ethnic group as spending power, according to this recent Nielsen U.S.
Specs Age 58 New gig President, entertainment and digital media, Microsoft Old gig President, CBS Entertainment Group Tell me about the new gig.
Ailing DVD sales are not only bad for bottom lines; they’re also bad for employment. Deadline Hollywood reports Warner Bros. laid off 50 employees from its home entertainment and consumer products divisions. The redundancies amount to just 1 percent of the company’s domestic workforce, but the move represents a larger shift in the industry.