‘John Wick’ Helps Up Lionsgate Q2 Home Entertainment Revenue

Lionsgate Nov. 7 reported second-quarter (ended Sept. 30) home entertainment revenue of $178.5 million, which was up 19.3% from revenue of $149.6 million during the previous-year period.

Packaged-media sales of DVD/Blu-ray Disc and 4K Blu-ray movies topped $65.2 million, compared with $64.5 million last year. Digital revenue topped $113.3 million, up 33.1% from revenue of $85.1 million last year.

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Packaged-media sales of television content declined 87.5% to $200,000, from $1.6 million last year. Digital sales topped $31.7 million, up 17.4% from $27 million during the previous-year period.

Principal revenue drivers included John Wick: Chapter 3 — Parabellum, the action franchise installment starring Keanu Reeves.

“This quarter, we saw the home entertainment release achieve sales beyond our expectations and further boost the value of the first two films in the [John Wick] franchise,” CEO John Feltheimer said on the fiscal call.

He said Lionsgate is developing additional chapters in the Wick universe, including  John Wick: Chapter 4 currently in production and is set to release May 21, 2021.

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