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‘Hunger Games’ Sells 3.8M DVD And Blu-rays Its First Domestic Weekend

By NIKKI FINKE, Editor in Chief | Tuesday August 21, 2012 @ 10:24am PDTTags: DVD Sales, The Hunger Games

Lionsgate announced today that the home entertainment release of the first installment of its blockbuster franchise The Hunger Games was also the largest digital and on demand launch in the Company’s history, generating the biggest first day sales of any title on Zune Video on Xbox, achieving more first day transactions on Comcast than any title in the past four years and generating record Lionsgate revenue on iTunes. It sold an estimated 3.8 million DVD and Blu-ray units in its first weekend of release, continuing the momentum it demonstrated in generating more than $407 million at the North American box office, the 13th highest grossing North American release of all time. Lionsgate EVP and General Manager of Home Entertainment Ron Schwartz said more than 1/3 of its first weekend units sold in the higher margin Blu-ray format, a remarkably high percentage. The first installment of The Hunger Games franchise has already grossed nearly $700 million at the box office worldwide.

Related: Huge Crowds To Buy ‘Hunger Games’ DVD

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Home Video Spending Up 2.5% In Q1 To $4.45B; Subscription Streaming Soars

By DAVID LIEBERMAN, Executive Editor | Sunday April 29, 2012 @ 11:41am PDTTags: DEG, DVD Rentals, DVD Sales, iTunes, Netflix

The data out today from DEG: The Digital Entertainment Group may suggest that the period of steep declines in home video spending — largely driven by the collapse of the DVD market — is over. But it also … Read More »

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Declining Video Sales Contribute To Lousy 3Q Results At Best Buy

By DAVID LIEBERMAN, Executive Editor | Tuesday December 13, 2011 @ 7:08am PSTTags: Best Buy, DVD Sales

Best Buy 3Q EarningsConsidering how much of the revenue in Hollywood comes from retail sales and consumer electronics, there’s sure to be some teeth gnashing over the earnings figures out this morning from Best Buy for the quarter that ended in November. Shares in the No. 1 electronics chain are down more than 11% in early trading after it reported net profits of $154M, down 29% from the same period last year, on revenues of $12.1B, up 1.8%. Factoring out a one-time restructuring charge and a gain on an investment sale, earnings came in at 47 cents a share –  below the 51 cents that analysts expected. Best Buy attributes much of the profit drop to declining purchases of digital cameras and game consoles, as well as promotions — including those on Black Friday — to drive sales of tablet computers, TV sets and movies. Still, entertainment sales including music and DVDs fell 9% at domestic stores open 14 months or more. They now account for 13% of Best Buy’s U.S. revenue. Consumer electronics, which represent 35% of Best Buy’s domestic sales, were down 4.8%. The chain had better luck with computers and mobile phones, which represent 40% of sales and were up 8.8%. Read More »

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Home Video Spending Up 4.9% In 3Q

By DAVID LIEBERMAN, Executive Editor | Monday October 31, 2011 @ 11:36am PDTTags: Blu-ray Disc, DEG, Digital Entertainment Market, DVD Rentals, DVD Sales, Netflix

The industry’s Digital Entertainment Group credits a 58% gain in spending on Blu-ray discs vs last year’s 3Q and a 12.8% pickup in electronic sell-though (to $135.9M) for much of the gain in 3Q consumer spending, to $3.93B. The … Read More »

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Report: Blu-ray Sales Falling Short Of Expectations Even As Prices Decline

By DAVID LIEBERMAN, Executive Editor | Wednesday June 8, 2011 @ 6:26am PDTTags: Blu-ray, DVD Sales, DVDs

A research report this morning from The NPD Group confirms the prevailing narrative that the home video business is in trouble — although you might miss that if you just look at the upbeat headline on its release: “Consumers … Read More »

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FT: Google Chases Pay-Per-View Dollars

By MIKE FLEMING JR | Monday August 30, 2010 @ 8:28am PDTTags: Apple, DVD Sales, Google, Hulu, Internet TV, Netflix, Streaming Film and TV
Mike Fleming

The Financial Times is reporting that Google’s YouTube site is negotiating with the Hollywood studios to participate in a pay-per-view site that will be online by year’s end. That puts it in competition with Apple, Hulu and Netflix in trying … Read More »

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