More Vid-Biz: Adobe, Movies, EchoStar

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Adobe CEO to Step Down; Bruce Chizen to leave at the end of the month, President and Chief Operating Officer Shantanu Narayen to replace him. (The Associated Press)

Movie Revenue Disappearing; new research suggests that a decline in DVD sales and rising costs for stars will put the movies released in 2006 in the hole $1.9 billion over the next five years. (Video Business)

EchoStar Stock Tanks on Churn Concerns; shares plummet as broader economic woes keep subscribers from renewing the satellite TV service. (The Hollywood Reporter)

Coalition of Local Stations Work on Mobile TV; almost 800 strong, the group is working with the Advanced Television Systems Committee to develop standards for live broadcast to mobile devices. (Broadcasting & Cable)

Lifetime Networks Revamps Site; now called, women’s network will attempt to become a portal and community. (MediaWeek)

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