Pirate DVD boosts Disney profits
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The successful DVD release of the second Pirates of the Caribbean movie boosts Walt Disney's quarterly profits.
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"Pirates of the Caribbean:  Dead Man's Chest" has plundered the U.K. record books to become  the fastest-selling DVD of all time, Disney said Monday.
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Just how juicy is Joost? Industry comment It was a beautiful day when the head of Disney finally came out and admitted piracy (or the "Dark Net" as they call it) is a business model. A bit like a drug addict coming out of rehab, it's hard to admit what you don't want to admit. But we still carry on and on with the same old story like a broken record.â¦
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The toymaker, which has avoided the recalls that plagued many of its competitors, said its fourth-quarter profit rose 24 percent on a 16 percent increase in sales.
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Microsoft's recent anti-piracy efforts -- more aggressive anti-copying technology and a string of lawsuits -- are helping the company bring in new revenues, company officials said Thursday.
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Over the extended Labor Day holiday, Disney's feel-good football flick   outscored all competition, earning $15.2 million from Friday through   Monday, according to preliminary studio figures.
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Blockbuster Inc.  on Monday put its weight behind Sony Corp.'s Blu-ray DVD format, as the No. 1 video rental chain said it would boost its inventory of the high-definition discs to 1,700 stores by mid-July.
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DVD releases of "Cars" and "Pirates of the Caribbean: Dead Man's Chest" and ad revenue from ESPN's Monday Night Football are expected to boost Walt Disney Co's  first-quarter earnings by a double-digit percentage.
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Disney announced yesterday that it would release its films on Sony&#39;s Blu-ray DVD format - a week after three other Hollywood studios backed rival Toshiba&#39;s HD-DVD.
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Disney's direct-to-video  sequel "Snow Buddies" scored a surprise win on the national DVD  sales chart Wednesday, beating several high-profile releases.
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"Pirates of the Caribbean: At World's End," the third film in Walt Disney Co.'s lucrative adventure franchise, sold an estimated $57 million of tickets in its first two days of release across North America, the company said on Saturday.
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Walt Disney Co. is expected to post  a higher quarterly profit on strong sales in its entertainment  business, but growth will slow as it absorbs charges from a  bold strategy launched by Chief Executive Bob Iger, analysts  say.
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Netflix Inc , the largest online DVD rental company, reported on Monday an unexpectedly higher quarterly net profit despite increased competition for subscribers from rival Blockbuster Inc.'s  growing online service.
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Blockbuster Inc.  on Monday put  its weight behind Sony Corp.'s Blu-ray DVD format, as the No. 1  video rental chain said it would boost its inventory of the  high-definition discs to 1,700 stores by mid-July.
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Disney's Pirates hits the screen in a major way.
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Walt Disney Co.  said on Wednesday that first-quarter net earnings more than doubled, driven by DVD sales of the movies "Pirates of the Caribbean: Dead Man's Chest," "Cars" and the sale of a stake in E! Entertainment Television.
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DreamWorks Animation SKG Inc.  reported better-than-expected quarterly results on Tuesday as  strong DVD sales for "Over the Hedge," "Madagascar" and "Shrek  2" helped offset losses on the film "Flushed Away."