site categories
Latest in Best Buy
Streaming TV Bundle Provider Philo And Best Buy Set New $1 Promotion
Philo, an internet-delivered pay-TV bundle, and consumer electronics retailer Best Buy have extended their partnership with a new promotion.
Under the deal, customers without an existing Philo subscription will be able to sign up to the service for $1 for the first month, a deep discount from its regular $20 price…
-
By Dade Hayes
-
-
5 Comments Comment on Streaming TV Bundle Provider Philo And Best Buy Set New $1 Promotion
- Exclusive
- Business
Philo And Best Buy Team For Streaming Promotion In A First For Major Retailer
Best Buy has formed a strategic partnership with streaming TV bundle purveyor Philo, the first such teaming in the electronics retailer’s history.
Philo subscribers can get one month of Philo free with purchase of certain streaming devices, smart TVs and antennas at Best Buy. Alternatively, those signing up for a…
-
By Dade Hayes
-
Best Buy Shares Rise As Cost Cuts In A Weak Q4 Result In A Profit
The retail chain’s stock price is up more than 6% in pre-market trading after it beat the Street’s earnings estimates in its report on the otherwise dreary quarter. Best Buy generated net earnings of $294M in the three months ending February 1, up from a $379M loss in the same period last year, on revenues of $14.5B…
Deadline Big Media 68 – The Charter Goes Shopping Podcast
In this week’s podcast, Deadline’s executive editor David Lieberman and host David Bloom take up Charter Communications’ $61.3 billion bid for Time Warner Cable; the potential impacts of an appeals court ruling throwing out FCC net neutrality rules; a stalling home-entertainment industry and Best Buy’s bad holiday…
Best Buy Shares Hammered After It Reports Disappointing Holiday Sales
The stock is down 27.6% in early trading following a company report showing that its efforts to match the prices of competitors including Wal-mart and Amazon backfired over the holidays. Sales at stores open at least a year fell 0.9% in the nine weeks ending January 4; they had been flat in the same period last year…
Best Buy, Walmart And Other Retailers Brace For Holiday-Season Price Wars
This is good news for consumers, but not so much for the electronics retailers who plan to engage in a dogfight for market share when it comes to selling smartphones, tablets, TV sets and other gadgets. Walmart said this morning that it will “match select Black Friday offers from Target, Toys R' Us and Best Buy”…
Best Buy Agrees To Dedicate Store Space For Microsoft Products
The so-called store-within-a-store at Best Buy will offer Windows-based tablets and PCs, phones, Microsoft Office software, and Xbox consoles, the companies said today. Between this month and September the retail chain plans to allocate as much as 2,200 square feet of space at 600 U.S. and Canadian outlets to what…
Best Buy Execs Vow To Make Major Updates In Online Retail Effort
Amazon’s had a big advantage competing with Best Buy‘s Web site: It seemed to be caught in “a 10-year time warp to 2002,” the retail chain’s global e-commerce and marketing President Scott Durchslag confessed in a remarkably frank presentation this afternoon to investors attending the Goldman Sachs dotCommerce Day…
Best Buy Shares Rise After It Unveils Plan To Create Samsung Storefronts
The electronics and entertainment retailer’s investors seem to like the new plan to create Samsung Experience Shops at 1,400 Best Buy and Best Buy Mobile stores beginning this month. Best Buy shares are up about 8.7% in early trading, flirting with their 52-week high. The companies say that about 900 of the Samsung…
Media Stocks Help Fuel S&P 500 Record
Media companies like CBS Corp and Netflix helped lead the charge for the large-cap stock index, which capped five months of gains today by finishing at 1,569.19, breaking a closing record originally set in October 2007. The S&P closed the quarter up 10%, its strongest frame in a year. Netflix was the benchmark index’s…
Best Buy Takeover Effort Stalls But Shares Rise On Better Than Expected Q4 Results
UPDATE, 9:10 AM: Best Buy founder Richard Schulze says in an SEC filing that the company rejected an offer that he made with support from “up to three leading private equity firms.” Although his effort might have helped to return the chain “to its position of market leadership,” he now believes Best Buy “deserves a…
Best Buy, Founder End Investment Talks
Best Buy and founder Richard Schulze have ended talks whereby he and private equity investors were seeking three board seats in exchange for acquiring a minority stake in the consumer electronics giant, Bloomberg reported. Schulze wasn't able to line up debt and equity financing, according to sources cited by the news…
Next page of stories
More Stories
Sidebar
Newswire
PMC
Deadline is a part of Penske Media Corporation. © 2023 Deadline Hollywood, LLC. All Rights Reserved.
Powered by WordPress.com VIPSite
ad