• Paramount, Lionsgate and MGM form Epix, a Hulu-esque site for movies (Mashable.com)
• Retailers have high hopes for the back-to-school shopping season (Reuters)
• Disney ups vidgame production budget by 10%, looks to acquire gamecos (Bloomberg)
• Ask not what Twitter can do for you, but what you can do for Twitter (Time)
• Evaluating the true value of social networks (TechCrunch)
• Up soars at the box office for the second week in a row (Associated Press)
• Choose Your Own Adventure books celebrate 30th anniversary (Wired/GeekDad)
• Disney, NBCU and Hearst in talks to create a JV channel (L.A. Times)
• Who had the best E3 report card? (Wired/GeekDad)
• …and why the analysts are giving high marks to this year’s convention (GameSpot)
• US retail sales take a hit in May (New York Times)
• Has the Twilight merch momentum slowed down for Hot Topic? (Wall Street Journal)
• What Apple needs to do to gain a strong foothold in the games market (Motley Fool/Caps)
• Miley gets her own fashion line at Walmart (Business Week)
• It looks like camera controls are the next big thing in video games… (Wired/GameLife)
• …and GeekDad’s top 10 list of things that kids will want from E3 (Wired/GeekDad)
• How do you get the cautious spenders to open their wallets? (New York Times)
• Big animation players pave the way for the smaller indies in the film industry (New York Times)
• MTV sues kids cell phone service Kajeet over Nickelodeon content deal (Bloomberg)
• MGA files emergency appeal in Bratz case (Reuters)
• Mega Brands regroups to take on Lego for older kid consumers with Halo line (Globe and Mail)
• US retail sales see slight uptick in past week (United Press International)
• Nintendo looks to expand Wii library, on the hunt for third-party publishers (Wall Street Journal)
• Check out these kid-created monster movies made between 1950 and 1980 (BoingBoing)
• Ten awesome moments from Sesame Street. LadyBugs’ picnic, anyone? (Jezebel)