Paramount Ups Q1 Home Entertainment Revenue 13%

Paramount Home Entertainment May 7 reported first-quarter (ended March 31) revenue of $174 million, which was up about 13% from revenue of $154 million in the previous-year period.

Home entertainment revenue was driven by the mix of titles in release and higher sales of catalog titles. Licensing revenue grew 18%, fueled by original studio productions for third parties, as well as the licensing of The Lovebirds to Netflix.

Paramount’s top-selling packaged-media release in 2020 thus far is the Will Smith actioner Gemini Man.

For the fourth-consecutive quarter, home entertainment sales topped theatrical revenue as box office sales reached $167 million, which was down 3% from revenue of $172 million last year. Despite strong results from Sonic the Hedgehog, revenue was more than offset by prior year quarter revenues, which included carryover performance from Bumblebee.

‘Gemini Man’ Tops Redbox Charts

Paramount’s Gemini Man took over the No. 1 spot on Redbox’s kiosk disc rental and On Demand charts the week ended Jan. 19.

The Redbox disc rental chart tracks DVD and Blu-ray Disc rentals at the company’s more than 40,000 red kiosks. The Redbox On Demand chart tracks digital transactions, including both electronic sellthrough and streaming rentals.

The previous week’s top title, Warner’s Joker, slipped to No. 2 on both charts.

Another newcomer, Disney’s Maleficent: Mistress of Evil, was No. 3 on the disc chart.

Sony Pictures’ Once Upon a Time in Hollywood slipped to No. 4 on the disc rental chart and No. 5 on the On Demand chart.

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Lionsgate’s Jexi debuted at No. 5 on the disc chart and No. 4 on the On Demand chart.

STX Films’ Hustlers, distributed by Universal Pictures, was No. 3 on the On Demand chart and No. 6 on the disc rental chart.

Top DVD and Blu-ray Disc Rentals, Redbox Kiosks, Week Ended Jan. 19:

  1. Gemini Man — Paramount
  2. Joker — Warner
  3. Maleficent: Mistress of Evil — Disney
  4. Once Upon a Time in Hollywood — Sony Pictures
  5. Jexi — Lionsgate
  6. Hustlers — Universal
  7. Rambo: Last Blood — Lionsgate
  8. Abominable — Universal
  9. It: Chapter Two — Warner
  10. Angel Has Fallen — Lionsgate

 

Top Digital, Redbox On Demand, Week Ended Jan. 19:

  1. Gemini Man — Paramount
  2. Joker — Warner
  3. Hustlers — STX
  4. Jexi — Lionsgate
  5. Once Upon a Time in Hollywood — Sony Pictures
  6. Zombieland: Double Tap — Sony Pictures
  7. Rambo: Last Blood — Lionsgate
  8. Good Boys — Universal
  9. Angel Has Fallen — Lionsgate
  10. Abominable — Universal

 

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Merchandising: ‘Maleficent’ Is Mistress of Exclusives

Disney’s Maleficent: Mistress of Evil arrived at retail Jan. 14 with a couple of retailer exclusives.

Target offered the fantasy sequel based on “Sleeping Beauty” as a 4K Ultra HD Blu-ray with a filmmaker gallery book for $34.99.

Target’s ‘Maleficent: Mistress of Evil’ 4K UHD Blu-ray Gallery booklet

Best Buy had a 4K Ultra HD Blu-ray Steelbook of Maleficent: Mistress of Evil for $34.99.

Best Buy’s ‘Maleficent: Mistress of Evil’ Steelbook

Best Buy also had a 4K Ultra HD Blu-ray Steelbook for Disney’s 2016 version of The Jungle Book, which was just released in the UHD format.

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Walmart had an exclusive tied to Paramount’s Gemini Man, offering a bonus Vudu digital movie of xXx: Return of Xander Cage with the Gemini Man Blu-ray ($22.96) or 4K Ultra HD Blu-ray ($27.96).

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