This could be a big boost for the entertainment industry’s streaming initiative, which has been struggling to ignite consumer interest. Lionsgate CEO Jon Feltheimer told analysts in a conference call this morning that the discs, which go on sale August 18, will also offer opportunities for buyers to access UltraViolet streamed versions via Walmart and Time Warner’s Flixster. The studio has high expectations for Hunger Games, the biggest home video release Lionsgate’s ever had: It says that two-thirds of the film’s profits are yet to be collected — and most of the cash will come from consumer sales. Execs say that they’re encouraged by retailer pre-orders, including from Apple’s iTunes. The studio is helping retailers to attract fans to stores on Friday night before the official sale date, for example by offering special signage and packaging. There’s also a co-promotion arrangement with Amazon for Kindle Fire owners. “Our revenues right now from licensing and merchandising of Hunger Games are ahead of our plan,” Feltheimer says.
Dish Network Loses Fewer Subs Than Expected In Q2.
Dish Network shares are up 1.8% at midday after it disclosed better-than-expected subscriber numbers for the quarter that ended in June. In a press release announcing plans for a debt offering, the satellite company said it wound up with 14.06M customers: That’s down by 10,000 from the previous quarter, with an average monthly churn rate of 1.60%. Wells Fargo analyst Marci Ryvicker says she projected a loss of 119,000 subs and a 1.65% churn rate.
BREAKING … Lionsgate will release two films based on Mockingjay, the third book in Suzanne Collins’ Hunger Games trilogy. The Hunger Games: Mockingjay Part 1 will bow worldwide November 21, 2014, followed by The …
Lionsgate and Summit, companies built on the novel adaptations of The Hunger Games and The Twilight Saga, are staying on their bookish paths. So much so that the combined entity has a hold on the latest New York Times bestseller lists that the company’s betting will turn into box office success down the line. Divergent, written by Veronica Roth, tops the Children’s Paperback books list this week. Lionsgate-Summit’s feature adaptation of the dystopian teen tale, with screenplay by Evan Daugherty, is in pre-production now with plans to start filming later this year. If that proves a hit at theaters, the company also holds rights to the twentysomething author’s sequel Insurgent, which currently sits No. 1 on the Children’s Chapter Books list.
This was a weird quarter for the independent studio. The good news? Revenues of $645.2M were up 71% vs. the quarter last year that ended in March, largely due to the box office bonanza from The …
SANTA MONICA, CA, and TORONTO, Canada, May 24, 2012 – IMAX Corporation (NYSE:IMAX; TSX:IMX), one of the world’s leading entertainment and technology companies, and Lionsgate (NYSE: LGF), a leading global entertainment company, today announced that Lionsgate’s blockbuster film The Hunger Games will be digitally re-mastered into the immersive IMAX® format and released in China in 67 IMAX® digital theatres in June.
SANTA MONICA, Calif., May 23, 2012 — Lionsgate’s The Hunger Games juggernaut will arrive on home entertainment at 12:01 A.M. on Saturday, August 18, as the first film in Lionsgate’s (NYSE: LGF) The Hunger Games franchise, which has already grossed nearly $400 million at the North American box office and is approaching $650 million at the worldwide box office, debuts on 2-disc DVD (plus digital copy), 2-disc Blu-Ray (plus digital copy), VOD and digital download with three hours of previously unavailable bonus materials in the biggest home entertainment launch in Lionsgate’s history, the Company announced today.