there’s a slight glitch in Target’s new plan — its core system, entertainment firm Rovi, just sold its video e-commerce entity Rovi Entertainment Store to Reliance Majestic Holdings as of September 1. Now, Target unexpectedly has a new partner to work with..
Target is maintaining that its Target Ticket plans have remained unchanged and it still expects to launch in a few short weeks. Ann Stanchfield, Target’s divisional merchandise manager of entertainment told Variety, “Rovi has been an awesome partner and we are confident in the technology. We have met the team as they are transitioning and feel really good about their vision,” and hopefully that’s true, because Rovi Entertainment Store isn’t only responsible for Target’s digital-video business, it’s also the facilitator of Best Buys’s CinemaNow service.Target, thus, is hopeful that Rovi Entertainment Store’s ownership mixup won’t compromise its plans — but that is still unclear as the retailer’s new partner, Reliance Majestic Holdings, has remained conspicuously mum about the whole thing.
MMs creating a trading range @ the price of the offering....When the offering is complete we will see where the stock is going...Retail traders selling into the arbitrage may be disappointed...I'm hanging in there....
due to the increase in sales that will come from the Japanese approval, as well as increases ACROSS THE BOARD. Except in the Americas---but that decrease was minimal---and the company is beefing up sales to get that number back on track.