Retail
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Netflix: 25 Million Households Streamed ‘Selena: The Series’ in First Four Weeks
Netflix Jan. 15 disclosed that Part 1 of the original series on late Queen of Tejano Music Selena Quintanilla, “Selena: The Series,” reached 25 million subscriber households in the four weeks since its Dec. 4, 2020 debut. Netflix tabulates a viewer two minutes after an original program begins streaming. The series stars Christian Serratos playing … Continue reading “Netflix: 25 Million Households Streamed ‘Selena: The Series’ in First Four Weeks”
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NPD: December Video Game Revenue Skyrocketed 25%; Yearly Revenue Reached Record $57 Billion
The pandemic and new game systems helped drive December video game revenue to $7.7 billion, up 25% from $6.1 billion during the previous-year period. 2020 also set an all-time high in revenue with $56.9 billion, an increase of 27% from $44.3 billion in 2019, according to new data from The NPD Group. The November launches … Continue reading “NPD: December Video Game Revenue Skyrocketed 25%; Yearly Revenue Reached Record $57 Billion”
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Netflix: 25 Million Households Streamed ‘Selena: The Series’ in First Four Weeks
Netflix Jan. 15 disclosed that Part 1 of the original series on late Queen of Tejano Music Selena Quintanilla, “Selena: The Series,” reached 25 million subscriber households in the four weeks since its Dec. 4, 2020 debut. Netflix tabulates a viewer two minutes after an original program begins streaming. The series stars Christian Serratos playing … Continue reading “Netflix: 25 Million Households Streamed ‘Selena: The Series’ in First Four Weeks”
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‘Tenet’ Repeats at No. 1 on ‘Watched at Home’ Chart; ‘Parallel’ Sole New Entry
With few new releases, the weekly “Watched at Home” chart remains largely unchanged from the prior week. Warner Bros.’ Tenet is again No. 1 on the chart for the week ended Jan. 9, while Universal Pictures’ Honest Thief and The War With Grandpa switched places their sophomore week to place at No. 2 and No. 3, respectively. The … Continue reading “‘Tenet’ Repeats at No. 1 on ‘Watched at Home’ Chart; ‘Parallel’ Sole New Entry”
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Pachter: U.S. Box Office to See 158% Revenue Increase in 2021
With a COVID-19 vaccination rollout slowly underway, consumers are expected to return to movie theaters in bigger numbers in the second half of this year, jumpstarting an industry perilously close to extinction in 2020. Initial estimates call for the domestic box office to reach $3.3 billion in 2021 from $2 billion in 2020. “We now … Continue reading “Pachter: U.S. Box Office to See 158% Revenue Increase in 2021”
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Disney’s ‘Nomadland’ to Bow in Theaters, on Hulu Concurrently
Borrowing a page from Warner Bros., Disney-owned Searchlight Pictures will simultaneously release the modern drama Nomadland, starring Oscar winner Frances McDormand, in theaters and on Hulu beginning Feb. 19. The film festival favorite features McDormand as a middle age woman who leaves her rural Nevada town following economic collapse in van and sets off on … Continue reading “Disney’s ‘Nomadland’ to Bow in Theaters, on Hulu Concurrently”
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‘Love and Monsters’ Fights to No. 1 on Disc Sales Charts
Paramount’s Love and Monsters debuted at No. 1 on the NPD VideoScan First Alert chart, which tracks combined DVD and Blu-ray Disc unit sales, and the dedicated Blu-ray sales chart the week ended Jan. 9. The film, a post-apocalyptic actioner about a man traveling through a world populated by mutant creatures in order to reconnect … Continue reading “‘Love and Monsters’ Fights to No. 1 on Disc Sales Charts”
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CES: Walmart CEO Talks Accelerated Change
Walmart CEO Doug McMillon, a 30-year veteran at the company, talked about changes at the retailer accelerated by the pandemic during a keynote at the virtual CES Jan. 13. “There’s more change happening right now than at any point in those 30 years,” he said. Due to the COVID-19 epidemic, Walmart had to adjust to … Continue reading “CES: Walmart CEO Talks Accelerated Change”
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GameStop Reports Winter Holiday Sales Boost Despite Pandemic, New Gaming Console Shortages
GameStop reported that worldwide sales results for the nine-week holiday period ended Jan. 2 reflected a 4.8% increase in comparable store sales and a 309% increase in e-commerce sales. Total sales declined 3.1% driven by an 11% decrease in the company’s store base due to a planned “de-densification” strategy, temporary store closures around the world … Continue reading “GameStop Reports Winter Holiday Sales Boost Despite Pandemic, New Gaming Console Shortages”
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Report: Online Shopping, Curbside Pickup Boomed in 2020
Merchants that offered the “buy online, pick up in store” delivery channel pre-pandemic experienced 70% increase in volume in 2020 compared to 2019, according to new data from ACI Worldwide. The data revealed a 24% increase in ecommerce transactions globally in December 2020 compared to December 2019. In particular, online transactions in the retail sector … Continue reading “Report: Online Shopping, Curbside Pickup Boomed in 2020”
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‘Honest Thief’ Stays Atop Redbox Disc Rental; ‘Croods’ Sequel Takes No. 1 On Demand Spot
Universal Pictures’ Honest Thief remained No. 1 on Redbox’s disc rental chart the week ended Jan. 10, while another Universal release, the animated sequel The Croods: A New Age, climbed to No. 1 on the Redbox On Demand chart. The Liam Neeson-starrer Honest Thief slipped to No. 2 on the Redbox On Demand chart, which … Continue reading “‘Honest Thief’ Stays Atop Redbox Disc Rental; ‘Croods’ Sequel Takes No. 1 On Demand Spot”
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Merchandising: Lack of Big New Titles Leave Retailers With Limited Options Early in 2021
A lack of major new releases heading into 2021 has left retailers with few options for refreshing their DVD and Blu-ray sections. Some, such as Best Buy, continue to promote catalog sales on its website, such as Blu-ray Discs as low as $7.99. Best Buy did present the week’s modest slate of new releases, but … Continue reading “Merchandising: Lack of Big New Titles Leave Retailers With Limited Options Early in 2021”