Movie Gallery executives filed to sell combined 162,125 shares, SEC documents showed. CFO Steven Roy, who owns 211,400 shares, is seeking to sell 60,000 valued at $1.3 million, followed by Vice Chmn. William Snow, who controls 170,000 and filed to sell 31,750 at $795,973. Also joining in sale were Senior Vp Page Todd in separate transactions involving 24,750 ($597,960) and 17,500 ($405,825) shares and Exec. Store Operations Vp Jeffrey Stubbs, 28,125 ($652,219). Todd and Stubbs owned 214,140 and 41,231 shares, respectively, before proposed sale.

As retailers scramble to get additional GameCube and Xbox consoles on their shelves this holiday season, toy retailers also are having trouble receiving enough shipments of Hasbro’s e-Kara karaoke set and LeapFrog’s LeapPad interactive educational device to satisfy demand, report said.

E-tailer YesAsia.com will market Sony Music Asian releases to consumers and retailers in U.S. under distribution alliance announced Fri.

CompUSA opened 28,500-sq.-ft. store in Huntsville that was offering special grand opening promotions. CompUSA COO Larry Mondry said company’s “number one goal is to deliver excellent customer service, and this expansion underscores our commitment to meet the needs of our customers in Alabama.” He added: “This location was selected because of the concentrated trade and technology area in Huntsville.”

While many cable operators are wringing their hands over threat of satellite and personal video recorders (PVRs), AOL-TW co-COO Robert Pittman told Western Cable Show in Anaheim last week there was limitless potential in home-networking arena. “I'm a huge fan of home network and I think that’s where we're driving toward. Once you have a data jack in the home next to your phone jack, you enable a whole new opportunity for services that goes beyond people’s current image of what the Internet is.”

Western Digital Pres.-CEO Matthew Massengill adds chmn. title, replacing Thomas Pardun, who remains a dir.

Blockbuster shut down 4-market test of online reservation system, conceding it was “Web idea that probably was ahead of its time that wasn’t economically viable,” spokeswoman said. Chain started test in Austin and Denver earlier this year and expanded to Cincinnati and San Diego in June and Sept., respectively. Test showed 50% of people who used service said they wouldn’t have otherwise rented without online option, spokeswoman said. But investment required for national rollout proved daunting. Blockbuster invested heavily in promoting the online service in TV and radio ads in test markets. “We didn’t want to invest the resources that would be required for a national rollout without assurance that it really would increase rentals,” spokeswoman said. As for RadioShack store-within-a-store format currently deployed in 130 Blockbuster stores in 4 markets, spokeswoman said decision on whether to expand concept would be made in first quarter. “There’s definitely a place for it [CE] in our store, but whether it’s the Blockbuster brand or a partnership, that’s what we're looking at,” spokeswoman said. “Right now we're just trying to get through the holiday season.”

Activision started shipping E- (Everyone) rated Game Boy Advance side-scrolling title Alienators: Evolution Continues at $39.99.

House Commerce Committee leaders held their 2nd go-round with industry leaders involved in digital transition -- along with FCC Chmn. Powell -- and several participants agreed afterward that cable compatibility and copyright issues were major problems delaying transition. As compared with Oct. meeting that went nowhere, participant told us, “this time [Congress members] listened and got more information about what the problems are” and how they could be solved.