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Media News: IBM CEO Rometty Tops Fortune List

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Also, people are spending on home entertainment again.

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Link: Apple And Publishers Subpoena Amazon in eBook Pricing Case
"Apple (NASDAQ:AAPL) wants the Department of Justice to turn over the interviews it conducted with Amazon (NASDAQ:AMZN) employees as part of the ebook pricing lawsuit. In an August filing, Apple wrote, 'Amazon was the driving force behind the Government's investigation, and it told a story to the Government that has yet to be scrutinized. Amazon talked with the government repeatedly throughout the investigation, even hosting a two-day meeting at its Seattle headquarters.'

"Apple's fight to obtain the interviews came to light as result of court records that show Amazon attempting to quash the subpoena in Seattle federal court. We don't know what kind of information Apple is seeking, but some of it would likely relate to Amazon's ebook pricing practices. Apple attorneys are now trying to transfer Amazon's motion to the Southern District of New York so that Judge Denise Cote, who is overseeing the case, can rule on it.

"Judge Cote has agreed to 'promptly address the discovery dispute' if the motion is transferred."

Hollywood Reporter
Link: Consumer Spending on Home Entertainment Rising for the First Time in Years
"For the first time in years, consumer spending on home entertainment actually rose in the first quarter of 2012, rising 2.5% to $4.45 billion largely due to the strength of streaming, according to numbers compiled by the Digital Entertainment Group.

"The real good news for the studios, however, is that packaged media sales remained steady in the first quarter of 2012, with disc sales down less than 1% from the first quarter of 2011 – a sharp contrast to previous years, when first-quarter sales typically edged down in the double digits.

"According to DEG, consumers spent $2.06 billion on Blu-ray Discs and DVDs in the first three months of 2012, down just slightly from the estimated $2.07 they spent in the comparable period last year. Continued declines in DVD purchases were offset by a 23% rise in Blu-ray Disc sales, the DEG says."
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