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Doctor Strange in the Multiverse of Madness
Erik Gruenwedel
December 4, 2022
The Walt Disney Co. generated $820 million selling digital and physical movies for the fiscal year 2022 (ended Oct. 1). Home entertainment revenue was down 19% from revenue of more than $1 billion in the previous-year period, according to a regulatory filing.
The decrease in home entertainment revenue was due to lower unit sales despite the benefit of more new-release titles in the current fiscal year than in the prior pandemic-impacted year. Net effective pricing was comparable to the prior year as lower unit pricing was offset by a higher mix of new-release titles, which have a higher sales price than catalog titles.
Top-selling physical retail releases in the year were Doctor Strange in the Multiverse of Madness and animated musical Encanto.
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