Dearth of Releases Undermines Warner Bros. Q4 Home Entertainment Revenue

Warner Bros. Discovery Feb. 23 reported a 26% decline in content distribution revenue to $3.63 billion in the fourth-quarter (ended Dec. 31, 2022), from revenue of $4.91 billion in the previous-year period.

Content distribution, which includes theatrical, home entertainment, TV licensing and video games, saw TV licensing revenue decline mainly due to greater TV licensing deals in the prior year quarter, while games and home entertainment revenue dropped due to greater COVID-induced consumer demand in the prior year. Home entertainment revenue was further impacted by fewer new theatrical releases in the current year.

CFO Gunnar Wiedenfels, speaking on the fiscal call, said the home entertainment revenue drop was in part due to management’s decision to seek alternative distribution options for select titles.

Black Adam was released in Q4 2022, but that compares to Dune, The Matrix Resurrections, King Richard and The Many Saints of Newark all released in the
prior-year quarter.

Warner Bros. Pictures’ Dune and The Batman ended 2022 as the studio’s top-selling digital/packaged media releases — the former released in retail channels more than a year ago.

The studio said it plans to produce new Lord of the Rings theatrical movies after inking a new distribution deal between Warner Bros. Pictures, New Line Cinema, and Embracer Group, J.R.R. Tolkien’s Middle Earth novels’ rights holder.

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Warner Bros. Discovery Reports Lower Q2 Post-Pandemic Home Entertainment Revenue

With the country returning to normal post-pandemic activities, consumer demand for Warner Bros. movies and TV shows on digital and packaged-media formats has apparently subsided.

Warner Bros. Discovery Aug. 4 reported filmed-entertainment operating income of $239 million on revenue of nearly $2.8 billion in the second quarter.

“Home entertainment across theatrical and television product was down due to strong COVID-induced demand in the prior-year quarter,” read the fiscal release, which did not elaborate or disclose actual numbers.

Indeed, in the second quarter of 2021, pandemic-spurred demand for video games and movies on DVD, Blu-ray Disc, 4K UHD Blu-ray and digital contributed to a 15% increase in revenue to $405 million, from $351 million during the previous-year period in 2020.

Top-selling packaged media releases in Q2 2022 included The Batman and Dune.

The media company said video games were a strong fiscal contributor in Q2 2022 with the release of Lego Star Wars: The Skywalker Saga. TV licensing revenue declined due to lower TV production revenue, partially offset by the timing of new series availabilities for distribution. Theatrical performance was unfavorably impacted by the timing of releases.

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‘CODA’ Makes Oscar History as First Streaming Film to Win Best Picture

The lines between theatrical and home entertainment were blurred even further at the 94th Academy Awards when CODA became the first movie from a streaming service to win Best Picture.

The coming-of-age drama was released on Apple TV+ as well as theaters last August.  Written and directed by Sian Heder, the film is a remake of the 2014 French film La Famille Bélier. It stars Emilia Jones as a CODA (child of deaf adults), the only member of a deaf family who can hear, and follows her struggles to strike a balance between her own life and her family’s fishing business.

Troy Kotsur, one of several deaf cast members, won an Oscar for Best Supporting Actor, while the film’s third win went to Heder for Best Adapted Screenplay.

Streaming already accounts for nearly 80% of all consumer spending on home entertainment, and CODA‘s win reflects the growing importance of non-theatrical distribution in a world still battling the COVID-19 pandemic. 

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The night’s other big winner was Dune, which was intended for theaters but due to the pandemic wound up premiering on both the big screen and HBO Max in October 2021. The Denis Villeneuve-helmed sci-fi remake won six Oscars, more than any other film, but mostly in technical categories: Best Cinematography, Best Film Editing, Best Production Design, Best Sound, Best Visual Effects, an Best Original Score for Hans Zimmer. A sequel is already in the works, tentatively slated for release in October 2023.

Among the major awards, Jane Campion won Best Director for The Power of the Dog, a Netflix film many observers felt was the frontrunner for Best Picture after leading all films with 12 nominations. It won just the single trophy.

Best Actor in a Leading Role went to Will Smith for King Richard, while Best Actress in a Leading Role went to Jessica Chastain for The Eyes of Tammy Faye, from Disney-owned Searchlight Pictures.

King Richard, about the father of tennis superstars Serena and Venus Williams, was released simultaneously to theaters and HBO Max in November 2021. The Eyes of Tammy Faye, about the flamboyant wife of televangelist and convicted fraudster Jim Bakker, also won Best Makeup and Hairstyling. The film was released theatrically in September and on Blu-ray Disc two months later. It became available for streaming on HBO Max in February 2022.

Ariana DeBose won Best Supporting Actress for West Side Story, Steven Spielberg’s remake of the 1957 Broadway musical about two rival New York City street gangs. The film was released theatrically in December 2021 and became available to stream on Disney+ and HBO Max on March 2. The film was released on DVD, Blu-ray Disc and 4K Ultra HD Blu-ray on March 15. DeBose won for playing Anita, the same role for which Rita Moreno won the same award for playing in the 1961 movie adaptation.

Smith won the top acting award shortly after he jumped up on stage and smacked presenter Chris Rock after Rock made a joke about Smith’s wife, actress Jada Pinkett Smith, who suffers from alopedia, an autoimmune disorder that causes your hair to fall out. During his presentation of the Best Documentary Feature award, Rock compared Pinkett Smith — who has shaved her head — to Demi Moore in 1997’s G.I. Jane, saying he can’t wait to see her in G.I. Jane 2. Pinkett Smith gave him a sour look, while Smith at first smiled, but seconds later bounded up on stage.

After the altercation, Smith returned to his seat but shouted, twice, “Keep my wife’s name out of your fucking mouth.”

Rock ultimately handed the Documentary Feature statuette to Summer of Soul, a documentary directed by Ahmir “Questlove” Thompson about the 1969 Harlem Cultural Festival. The Searchlight Pictures release is available on DVD and to stream on Hulu. Best Documentary Short honors went to the 22-minute film The Queen of Basketball, about Lucy Harris, the first and only woman officially drafted into the NBA.

Among other major awards, Disney’s Encanto won Best Animated Feature. Best Original Screenplay honors went to Belfast, the British coming-of-age drama written and directed by Kenneth Branagh and released by Focus Features.

“No Time to Die,” from the James Bond movie of the same name, was hailed as Best Original Song. This marks the third win in a row for a Bond title song, following 2012’s Skyfall and 2015’s Spectre (“Writing’s on the Wall”). The Bond movie franchise, which received a 60th anniversary tribute from the Academy (since the debut of Dr. No in 1962), is known for its iconic musical themes, but scored no song Oscars for its first 50 years.

The year’s Best International Feature was pegged by Academy voters to be Drive My Car, a  Japanese road film that also made Oscar history this year by being the first Japanese film to be nominated for Best Picture.

Best Costume Design honors went to Disney’s Cruella, while The Windshield Wiper was named Best Animated Short and The Long Goodbye won Best Live Action Short honors.

‘Dune’ Knocks ‘Ghostbusters’ From Atop U.K. Home Entertainment Chart

Warner Bros. Home Entertainment’s Dune (2021) ended the three-week reign of Paramount Home Entertainment’s Ghostbusters: Afterlife at No. 1 on the Official Film Chart through Feb. 9, the U.K.’s weekly home entertainment retail sales chart.

Following its release on DVD and Blu-ray Disc, the latest adaptation of Dune climbed to the top with 83,000-unit sales, including 86% on disc.

Afterlife finished No. 2 on the chart, while a three-movie collection of Afterlife and the two 1980s “Ghostbusters” films was No. 7.

Meanwhile, MGM’s James Bond actioner No Time to Die (distributed by Universal Pictures Home Entertainment in the U.K.) held firm at No. 3, finishing ahead of Universal’s psychological horror Last Night in Soho, starring Thomasin McKenzie, Anya Taylor-Joy, Michael Ajao and Matt Smith, at No. 4.

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Disney’s ever-popular animated musical Encanto held on to No. 5, while Sony Pictures Home Entertainment’s Venom: Let There Be Carnage dropped two spots to No. 6.

At No. 8 was the week’s highest new entry, Sony Pictures’ Resident Evil: Welcome To Raccoon City. The reboot of the action-horror series, based on the classic video games, stars Kaya Scodelario. Finally, DreamWorks Animation’s The Boss Baby: Family Business dropped three spots to No. 9, while Universal’s Halloween Kills claimed a fifth week on the chart at No. 10.

The Official Film Chart Top 10 – Feb. 9, 2022

Rank Position Movie Distributor
1 2 DUNE WARNER
2 1 GHOSTBUSTERS: AFTERLIFE SONY PICTURES
3 3 NO TIME TO DIE UNIVERSAL/MGM
4 15 LAST NIGHT IN SOHO UNIVERSAL
5 5 ENCANTO DISNEY
6 4 VENOM: LET THERE BE CARNAGE SONY PICTURES
7 NEW GHOSTBUSTERS 3-MOVIE COLLECTION SONY PICTURES
8 NEW RESIDENT EVIL: WELCOME TO RACOON CITY SONY PICTURES
9 6 THE BOSS BABY: FAMILY BUSINESS UNIVERSAL/DREAMWORKS ANIMATION
10 7 HALLOWEEN KILLS UNIVERSAL

© Official Charts Company 2022

Arrow Video Announces February 2022 Slate of Streaming Titles

 Arrow Video has announced the February 2022 lineup of its new subscription-based Arrow streaming platform, available to subscribers in the United States, Canada, the United Kingdom and Ireland.

The slate is topped with David Buchanan’s surrealist black-and-white cyberpunk feature Laguna Ave, which debuted Feb. 1 with a host of exclusive extras. 

Other new releases that began streaming on that date include The Sleeper Must Awaken: Making Dune, a feature-length documentary exploring the making of David Lynch’s film, featuring dozens of new and archive interviews with the cast and crew of the 1984 cult classic; Avenging Angel, Spookies, Pledge Night, Blood Harvest, The House of the Dead, Demon Wind and Night Train to Terror.

Beginning Feb. 11, Arrow will  begin streaming a hand-picked slate of films from Gareth Evans, writer-director of The Raid and The Raid 2. The filmmaker’s selections, drawn from the Arrow vault, include A Snake of June, Dark Water, Versus, Audition and The Ballad of Narayama.

Other February streaming highlights include Dan Curtis’ Dracula, the 1974 TV movie adaptation from the creator of “Dark Shadows,” which begins streaming on Feb. 18.

And, beginning on Feb. 21, Arrow will stream two films available for North American subscribers only: Next of Kin, about a young woman who inherits a creaky retirement home and finds herself in a waking nightmare of murder, madness and a legacy of evil that may be inescapable, and Turkey Shoot, set in a totalitarian near future, where defiant citizens are labeled “deviants” and sentenced to brutal “behavior modification” camps. 

 

‘Dune’ Tops Disc Sales Charts for Third Week

The new adaptation of Dune from Warner Bros. Home Entertainment spent a third week 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 Disc sales chart the week ended Jan. 29.

Identified onscreen as Dune: Part One, the film is directed by Denis Villeneuve and covers roughly the first half of the 1965 Frank Herbert novel upon which it is based. Dune tells the story of factions in a galactic empire in the far future warring over a desert planet that houses valuable resources. It earned $107.5 million at the domestic box office.

MGM’s No Time to Die rose two spots on both charts to No. 2. The latest James Bond actioner is distributed on disc by Universal Pictures Home Entertainment and earned $160.8 million at the domestic box office and sold about 93% as many copies as the top seller.

Universal’s Halloween Kills dropped a spot to No. 3 on both charts. The sequel to 2018’s Halloween earned $92 million at the domestic box office.

MGM’s The Addams Family 2, distributed on disc by Universal Pictures Home Entertainment, slipped to No. 4 on the overall disc sales chart and No. 6 on the Blu-ray chart. The animated sequel to 2018’s The Addams Family earned $56.5 million at the domestic box office.

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The Marvel-inspired sequel Venom: Let There Be Carnage from Sony Pictures stayed No. 5 on the overall disc sales chart, and rose to No. 4 on the Blu-ray chart, in its seventh week on Blu-ray and DVD.

The No. 5 Blu-ray Disc seller was an older Marvel Comics adaptation, 2004’s The Punisher from Lionsgate. It was No. 7 on the overall disc chart, propelled upward due to an exclusive Best Buy 4K Ultra HD Blu-ray Steelbook, as well as a relative lack of new titles during the week. The 2004 film based on the Marvel Comics vigilante character stars Thomas Jane as Frank Castle, who becomes The Punisher to seek revenge on the mafia boss (John Travolta) who murdered his family. The cast also includes Will Patton and Roy Scheider. The film was originally released on 4K in September 2018. For the week it had 99% of its unit sales come from Blu-ray Disc, with 91% from 4K Ultra HD Blu-ray, 8% from regular Blu-ray, and less than 1% from legacy DVD.

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The Media Play News rental chart for the week ended Jan. 30 also had Dune in the top spot again. Addams Family 2 repeated at No. 2 on the rental chart.

Venom: Let There Be Carnage rose a spot to No. 3, pushing Halloween Kills down a spot to No. 4. No Time to Die rose a spot to No. 5.

Top 20 Sellers for Week Ended 1-29-22
Top 20 Rentals for Week Ended 1-30-22
Top 20 Selling Blu-ray Discs for Week Ended 1-29-22
Top 20 Blu-ray Market Share for Week Ended 1-29-22
Sales Report for Week Ended 1-29-22
Digital Transactions Snapshot for Week Ended 1-31-22

 

‘Dune’ Rises to No. 1 on Redbox On Demand Chart, Tops Disc Rentals for Third Week

Warner Bros. Home Entertainment’s Dune spent a third week at No. 1 on the Redbox disc rental chart the week ended Jan. 30, and also took over the top spot on the Redbox On Demand chart for the first time. From director Denis Villeneuve, the film is the latest adaptation of the 1965 Frank Herbert novel about factions of a galactic empire warring over the riches of a desert planet.

Sony Pictures’ Venom: Let There Be Carnage dropped to No. 2 on the Redbox On Demand chart after six weeks in the top spot, but rose a spot to No. 3 on the disc rental chart, which tracks DVD and Blu-ray Disc rentals at Redbox’s more than 40,000 red kiosks.

The No. 2 disc rental was MGM’s The Addams Family 2, distributed on disc by Universal Pictures Home Entertainment. The animated sequel slid three spots to No. 7 on the Redbox On Demand chart, which tracks digital VOD and sellthrough transactions. 

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Universal Pictures’ Halloween Kills was No. 4 on the disc chart and No. 6 on the digital chart.

MGM’s latest James Bond actioner, No Time to Die, was No. 5 on both charts. It is distributed on disc by Universal.

Paramount’s Clifford the Big Red Dog slid a spot to No. 3 on the digital chart, while Disney-owned 20th Century Studios’ Free Guy inched up a spot to No. 4.

Top DVD and Blu-ray Disc Rentals, Redbox Kiosks, Week Ended Jan. 30:

  1. Dune: Part One — Warner
  2. The Addams Family 2 — Universal/MGM
  3. Venom: Let There Be Carnage — Sony Pictures
  4. Halloween Kills — Universal
  5. No Time to Die — Universal/MGM
  6. Last Night in Soho — Universal
  7. Free Guy — Disney/20th Century
  8. American Siege — Redbox
  9. Antlers — Searchlight
  10. Red Stone — Cinedigm

 

Top Digital (VOD + Sellthrough), Redbox On Demand, Week Ended Jan. 30:

  1. Dune: Part One — Warner
  2. Venom: Let There Be Carnage — Sony Pictures
  3. Clifford the Big Red Dog — Paramount
  4. Free Guy — Disney/20th Century
  5. No Time to Die — MGM
  6. Halloween Kills — Universal
  7. The Addams Family 2 — MGM
  8. Ghostbusters: Afterlife — Sony Pictures
  9. F9: The Fast Saga — Universal
  10. Old — Universal

 

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‘Dune’ Maintains Top Spot on Disc Sales Charts

The new adaptation of Dune from Warner Bros. Home Entertainment spent a second week 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 Disc sales chart the week ended Jan. 22.

Identified onscreen as Dune: Part One, the film is directed by Denis Villeneuve and covers roughly the first half of the 1965 Frank Herbert novel upon which it is based. Dune tells the story of factions in a galactic empire in the far future warring over a desert planet that houses valuable resources. It earned $107.5 million at the domestic box office.

The No. 2 seller on both charts for a second week was Universal Pictures Home Entertainment’s Halloween Kills, the sequel to 2018’s Halloween, which itself was a sequel to the 1978 film of the same name and rebooted the franchise by ignoring all previous sequels. It earned $92 million at the domestic box office and sold about 53% as many copies as Dune during the week.

The week’s top newcomer on the overall disc sales chart, at No. 3, was MGM’s The Addams Family 2, distributed on disc by Universal Pictures Home Entertainment. The animated sequel to 2018’s The Addams Family earned $56.5 million at the domestic box office. It was No. 5 on the Blu-ray Disc chart.

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The No. 3 Blu-ray was another newcomer, Last Night in Soho, a psychological horror film from director Edgar Wright. It was No. 6 on the overall disc sales chart after earning $10.1 million at U.S. theaters.

MGM’s No Time to Die slipped one spot to No. 4 on both charts. The latest James Bond actioner is distributed on disc by Universal Pictures.

The Marvel-inspired sequel Venom: Let There Be Carnage from Sony Pictures slipped to No. 5 on the overall disc sales chart, and No. 6 on the Blu-ray chart, in its sixth week on Blu-ray and DVD.

Blu-ray Disc formats accounted for 49% of first-week Addams Family 2 unit sales; it wasn’t released on 4K disc. Last Night in Soho had 81% of its first-week sales come from Blu-ray Disc, with 35% from the 4K Ultra HD Blu-ray and 46% from the regular Blu-ray.

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The Media Play News rental chart for the week ended Jan. 23 also had Dune in the top spot again. Addams Family 2 debuted at No. 2 on the rental chart.

Halloween Kills slipped a spot to No. 3, pushing Venom: Let There Be Carnage to No. 4. Last Night in Soho debuted at No. 5.

Top 20 Sellers for Week Ended 1-22-22
Top 20 Rentals for Week Ended 1-23-22
Top 20 Selling Blu-ray Discs for Week Ended 1-22-22
Top 20 Blu-ray Market Share for Week Ended 1-22-22
Sales Report for Week Ended 1-22-22
Digital Transactions Snapshot for Week Ended 1-24-22

 

‘Dune,’ ‘Venom’ Keep Top Spots on Redbox Charts

Warner Bros. Home Entertainment’s Dune remained No. 1 on the Redbox disc rental chart the week ended Jan. 23. From director Denis Villeneuve, the film is the latest adaptation of the 1965 Frank Herbert novel about factions of a galactic empire warring over the riches of a desert planet.

Sony Pictures’ Venom: Let There Be Carnage stayed No. 1 on the Redbox On Demand chart for a sixth week, but slipped to No. 4 on the disc rental chart, which tracks DVD and Blu-ray Disc rentals at Redbox’s more than 40,000 red kiosks.

The No. 2 disc rental was MGM’s The Addams Family 2, distributed on disc by Universal Pictures Home Entertainment. The animated film, a sequel to 2019’s The Addams Family and based on the classic kooky and spooky comic strip characters, earned $56.5 million at the domestic box office. It was No. 4 on the Redbox On Demand chart, which tracks digital VOD and sellthrough transactions. 

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Universal Pictures’ Halloween Kills was No. 3 on both charts.

Paramount’s Clifford the Big Red Dog remained No. 2 on the digital chart, while Disney-owned 20th Century Studios’ Free Guy took No. 5.

Rounding out the top five disc rentals was the newly released Universal Pictures’ Last Night in Soho, a thriller from director Edgar Wright that earned $10.1 million from U.S. theaters.

Top DVD and Blu-ray Disc Rentals, Redbox Kiosks, Week Ended Jan. 23:

  1. Dune: Part One — Warner
  2. The Addams Family 2 — Universal/MGM
  3. Halloween Kills — Universal
  4. Venom: Let There Be Carnage — Sony Pictures
  5. Last Night in Soho — Universal
  6. No Time to Die — Universal/MGM
  7. Free Guy — Disney/20th Century
  8. Antlers — Searchlight
  9. American Siege — Redbox
  10. Red Stone — Cinedigm

 

Top Digital (VOD + Sellthrough), Redbox On Demand, Week Ended Jan. 23:

  1. Venom: Let There Be Carnage — Sony Pictures
  2. Clifford the Big Red Dog — Paramount
  3. Halloween Kills — Universal
  4. The Addams Family 2 — MGM
  5. Free Guy — Disney/20th Century
  6. Ghostbusters: Afterlife — Sony Pictures
  7. Sing 2 — Universal
  8. No Time to Die — MGM
  9. Antlers — Searchlight
  10. Dangerous — Lionsgate

 

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‘Dune,’ ‘Halloween Kills’ Debut Atop Disc Sales Charts

The new adaptation of Dune from Warner Bros. Home Entertainment 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 Disc sales chart the week ended Jan. 15.

Identified onscreen as Dune: Part One, the film is directed by Denis Villeneuve and covers roughly the first half of the 1965 Frank Herbert novel upon which it is based. Dune tells the story of factions in a galactic empire in the far future warring over a desert planet that houses valuable resources. It earned $107.4 million at the domestic box office.

The No. 2 seller on both charts was another newcomer, Universal Pictures Home Entertainment’s Halloween Kills, the sequel to 2018’s Halloween, which itself was a sequel to the 1978 film of the same name and rebooted the franchise by ignoring all previous sequels. It earned $92 million at the domestic box office and sold about 57% as many copies as Dune.

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The top seller the previous three weeks, MGM’s No Time to Die, slipped to No. 3 on both charts. The latest James Bond actioner is distributed on disc by Universal Pictures.

The Marvel-inspired sequel Venom: Let There Be Carnage from Sony Pictures slipped to No. 4 on both charts in its fifth week on Blu-ray and DVD.

No. 5 on both charts was Disney-owned Marvel Studios’ Shang-Chi and the Legend of the Ten Rings, the 25th film in the Marvel Cinematic Universe franchise.

Other newcomers to debut in the top 20 include, at No. 6, Sony Pictures’ Cobra Kai: Season 3, a disc release of the third season of the Netflix series continuation of the “Karate Kid” franchise. No. 14 on the overall disc sales chart (No. 11 on the Blu-ray chart) was Decal’s Spencer, a drama depicting a fictionalized account of Princess Diana’s 1991 Christmas visit to the royal family that spurred her to seek a separation from them, starring Kristen Stewart as Di.

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Blu-ray Disc formats accounted for 81% of first-week Dune unit sales, with 39% from the 4K Ultra HD Blu-ray, 2% from a 3D Blu-ray edition, and 40% from the regular Blu-ray. For Halloween Kills, Blu-ray accounted for 67% of its tally, 40% from regular Blu-ray and 27% from 4K. Spencer had 51% of its sales come from the HD format (it was not released on 4K disc).

The Media Play News rental chart for the week ended Jan. 16 also had Dune in the top spot and Halloween Kills at No. 2.

The previous week’s top rental, Venom: Let There Be Carnage, slipped to No. 3, followed by No Time to Die at No. 4.

Disney-owned Searchlight Pictures’ horror film Antlers entered the rental chart at No. 5 after being delayed a week at Redbox rental kiosks.

Top 20 Sellers for Week Ended 1-15-22
Top 20 Rentals for Week Ended 1-16-22
Top 20 Selling Blu-ray Discs for Week Ended 1-15-22
Top 20 Blu-ray Market Share for Week Ended 1-15-22
Sales Report for Week Ended 1-15-22
Digital Transactions Snapshot for Week Ended 1-17-22