Brian Gongol
Sales decline in 2010 for DVDs, CDs, video games, and movie tickets
DVD sales went down by 13%; music CDs nose-dived by 19%. A lot of people have turned to streaming (two-thirds of Netflix users are on the company's streaming service), and a lot of people don't have a lot of spare cash to spend on entertainment.
A very golden parachute for Google's outgoing CEO
Eric Schmidt, who already has a rather large collection of shares (approximately 140,000 shares, according to NASDAQ and SEC filings), is getting a $100 million stock-and-options deal as he exits the job.
