Market Conditions, Hollywood Strikes Lower Vantiva (Formerly Technicolor) Disc Replication Q3 Revenue 26%

Vantiva (formerly Technicolor) reported third quarter (ended Sept. 30) supply chain solutions (SCS) revenue of €134 million ($143.4 million), which was down 26% from revenue of €181 million ($193.6 million) in the previous-year period. Supply chain revenue includes packaged media disc replication and distribution of Hollywood movies, TV shows, video games and music CDs.

Through nine months of the fiscal year, SCS revenue declined 23% to €365 million ($448 million) from €476 million ($584 million) in the prior year period.

Vantiva said the decline was not only due to the structural downward trend affecting the optical disc business, but also to global economic conditions, which have hindered the discretionary consumption of packaged media among consumers.

The company reported that all major studios have revised downwards their packaged media orders, and volumes of disc replication orders were down 33% in the quarter. Some pricing actions have mitigated the negative impact on the revenue.

On the flipside, the music vinyl replication business continues to grow, despite not reaching market expectations. Other market segment diversification activities also suffered from the general economic slowdown, according to Vantiva.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

DVD Movies Apparently Aren’t ‘Fun’ at Best Buy Anymore

News that Best Buy would discontinue selling packaged media movies on DVD and 4K UHD Blu-ray Disc in 2024 made headlines this week, despite the fact the consumer electronics retail giant foreshadowed the move almost 12 years ago.

Under then new French CEO Hubert Joly, the retailer drastically transitioned shelf space devoted to DVDs to less costly standalone point-of-purchase displays, arguing the consumer was embracing streaming video and other digital distribution channels.

And as media companies embraced SVOD, and later ad-supported VOD, in an attempt to bridge the Grand Canyon-sized market gap to Netflix, packaged media has increasingly been given the cold shoulder. When Netflix formally closed the door on its legacy by-mail DVD rental business on Sept. 29, it was little surprise that big box retailers such as Best Buy would follow.

The higher cost associated with packaged media purchases compared with digital should hardly have made much difference to consumers, according to current Best Buy CEO Corie Barry.

Barry contends U.S. consumers have embraced the “funflation” economy, a term used to explain consumers choosing to spend big on fun items such as luxury travel and Taylor Swift The Eras Tour concert tickets, which average more than $800 a piece, regardless of price or impact on household discretionary spending.

“The bigger ticket items in electronics are not right now where people are interested,” Barry told attendees at last week’s Fortune’s Most Powerful Women Summit in Dana Point, Calif.

Barry contends that innovation continues to redefine the consumer electronics market. So too could the argument be made that the technology that once championed the DVD (and Blu-ray Disc) on the home entertainment market, has now moved past packaged media.

“So yes, right now people are pulling back [on consumer electronics spending], but the future will only be more enabled by technology, and we are the ones that know how to commercialize that new tech better than anyone,” she said.

Which apparently doesn’t won’t include packaged media anymore.

Lionsgate Q1 Retail Movie Sales Revenue Increased Nearly 30%, Including Uptick in Packaged Media

Lionsgate reported first quarter, ended June 30, total home entertainment revenue from the sale of original and licensed movies of $200 million, which was up almost 30% from revenue of $154.3 million in the prior-year period due to higher revenue from theatrical slate titles, in particular John Wick: Chapter 4.

Specifically, Lionsgate generated $174.1 million in digital retail revenue, including $131.3 million from original releases and $42.8 million from licensed and catalog titles.

In a shocker, sales of packaged media movies on DVD and Blu-ray Disc increased more than 17% to $25.9 million from $22.1 million last year. Original movies accounted for $20.8 million in revenue, with $5.1 million from licensed content.

Theatrical revenue increased $55 million due to an increase of $54.9 million from Lionsgate original releases, and to a lesser extent, a greater number of theatrical slate releases.

On the flipside, home entertainment revenue from the sale of television content decreased $20 million, or 62.1%, to $12.2 million, due to a decrease of $13.6 million from digital media intersegment revenue from the licensing of Starz original series to Starz Networks, and digital media revenue in the prior year’s quarter for “The First Lady” Season 1.

Packaged media accounted for $400,000 in TV content revenue, down from $900,000 last year. Digital generated $11.8 million, down 62.3% from $31.3 million in the previous-year period.

Disney Reportedly Exiting Australian Packaged-Media Market

Walt Disney Studios Home Entertainment is reportedly exiting the DVD and Blu-ray Disc market in Australia, following similar moves in Asia and Latin America, as parent Disney focuses on digital retail channels and the Disney+ streaming platform for distribution of original movies across its brands, including Marvel Studios, Lucasfilm and Pixar.

Following online chatter regarding the move, Bill Hunt, editor of The Digital Bits, said he confirmed the exit following discussions with multiple sources.

Hunt reported that Guardians of the Galaxy Vol. 3 will be Disney’s last packaged-media release in Australia this year.

“Sorry to be the bearer of bad news, folks, but there it is,” he wrote in a July 25 blog post.

A Disney representative was not immediately available for comment.

The disc format has been on steady decline with the rise in transactional VOD and streaming. Sales of discs in the United States dropped nearly 27% in the first quarter (ended March 31), to $377 million from $515 million, according to DEG: The Digital Entertainment Group.

‘Thor: Love and Thunder’ Due on Digital Sept. 8, Disc Sept. 27

Disney-owned Marvel Studios’ Thor: Love and Thunder will hit digital retail channels on Sept. 8, and 4K Ultra HD Blu-ray Disc, Blu-ray and DVD Sept. 27. The movie, co-starring Chris Hemsworth and Natalie Portman, will also stream on Disney+ Sept. 8.

The movie generated more than $738 million at the global box office, including $333 million in North America.

Thor: Love and Thunder finds the God of Thunder (Hemsworth) on a journey unlike anything he’s ever faced — one of self-discovery. But his efforts are interrupted by a galactic killer known as Gorr the God Butcher (Christian Bale), who seeks the extinction of the gods. To combat the threat, Thor enlists the help of King Valkyrie (Tessa Thompson), Korg (Taika Waititi) and ex-girlfriend Jane Foster (Natalie Portman), who — to Thor’s surprise — inexplicably wields his magical hammer, Mjolnir, as the Mighty Thor. Together, they embark upon a harrowing cosmic adventure to uncover the mystery of the God Butcher’s vengeance and stop him before it’s too late.

Directed by Taika Waititi (Thor: Ragnarok, Jojo Rabbit), from a screenplay by Waititi & Jennifer Kaytin Robinson, Thor: Love and Thunder was produced by Marvel Studios President Kevin Feige and Brad Winderbaum.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Bonus Features

  • Gag reel includes fun outtakes on set with the cast and crew
  • Audio commentary by director/writer Taika Waititi.



  • “Hammer-worthy: Thor and The Mighty Thor” traces Hemsworth and Portman’s journeys to becoming Thor and The Mighty Thor, respectively. The costars speak about the preparation behind embodying their legendary roles and describe how they combine their unstoppable forces.
  • “Shaping a Villain” introduces Love and Thunder’s primary antagonist, Gorr the God Butcher (Bale). Shining a light on the man who brings the character to life, this piece highlights his recruitment and process. Then fellow cast and crew reveal personal anecdotes.
  • “Another Classic Taika Adventure” looks back on Taika Waititi’s journey taking over the Thor franchise and reinventing the God of Thunder. Revisit the moment Taika was announced as the new custodian of Thor and follow Taika through the production of Thor: Love and Thunder.


Deleted Scenes

  • Looking for Zeus — Thor, Valkyrie and Korg run into a few characters while seeking an audience with Zeus.
  • Wasting Time — Star-Lord and Mantis convince Thor to help their cause.
  • A Safe Vacation — A nonchalant Thor chats with a panicked Star-Lord and Mantis in the middle of chaos. An explosion thrusts Korg into the scene.
  • Fighting For You — Zeus gifts Thor a special tool after overhearing a heartfelt conversation.

PwC: Packaged-Media Revenue to Decline 55% Through 2026

Consumer migration from packaged media movies to digital distribution continues, with new data from consulting firm PricewaterhouseCoopers (PwC) projecting that the U.S. home entertainment retail market will generate about $1.1 billion in revenue from the sales of DVD, Blu-ray Disc and 4K UHD Blu-ray  titles in 2026 — down almost 55% (or 17.5% annually) from revenue of $2.5 billion in 2022.

Sales of digital movies and TV shows should increase to $6.3 billion in 2026, from $5.6 billion this year. That includes $576 million from pay-TV operators and $5.7 billion from digital platforms, including Vudu, iTunes, Microsoft Movies and Redbox Digital, among others.

Digital rentals will remain flat at $1.7 billion, with $621 million originating from pay-TV operators and more than $1 billion from digital platforms.

Meanwhile, the U.S. subscription streaming video market will continue to flourish, as revenue grows exponentially. PwC contends the SVOD market will grow 8.5% annually to $33.6 billion in 2026, up from $25.3 billion in 2022.

Paramount Q1 ‘Licensing and Other’ Revenue Declines

Paramount Global May 3 reported first-quarter revenue (ended March 31) of $491 million in its “licensing and other” business segment, which was down 42% from revenue of $853 million in the prior-year period.

The business unit, which includes Paramount Home Entertainment, said the revenue decline was primarily driven by the benefit in the prior-year period from the licensing of erstwhile theatrical release Coming 2 America and Tom Clancy’s Without Remorse to Amazon Prime Video. The Coming to America sequel’s exclusive availability on Prime Video was due to ongoing closures of U.S. movie theaters due to the pandemic.

Theatrical revenue increased $130 million in the quarter and included revenue from the first quarter releases of Scream, Jackass Forever and The Lost City, while the prior-year period revenue of $1 million was impacted by the closure or reduced capacity of movie theaters in response to COVID-19.

Paramount disclosed that another “Jackass” series is in the works for Paramount+. The pending Jackass 4.5 movie featuring footage not used in the Jackass Forever movie, is slated to bow on Netflix May 20.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

When combined with advertising, the filmed entertainment segment saw a pre-tax loss of $37 million on revenue of $624 million. That compared with a pre-tax profit of $179 million on revenue of $860 million in the prior-year period.

Paramount said the decline was due to increased marketing expense associated with quarterly and future theatrical releases.

Marvel Studios’ ‘Eternals’ Bowing for Digital Purchase Jan. 12, on Disc. Feb. 15

Disney-owned Marvel Studios’ Eternals is set to make its retail debut on all major digital platforms Jan. 12, and on Blu-ray Disc, DVD and 4K Ultra HD Blu-ray Feb. 15. The packaged-media releases will feature bonus material, including four deleted scenes and a gag reel.

Eternals, which has generated $161.9 million at the North American box office, and $396.1 million globally, follows a group of ancient heroes from beyond the stars who have protected Earth since the dawn of man. When monstrous creatures called Deviants, long thought lost to history, mysteriously return, the superheroes are forced to reunite in order to defend humanity once again.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

The ensemble cast includes Gemma Chan, Richard Madden, Kumail Nanjiani, Lia McHugh, Brian Tyree Henry, Lauren Ridloff, Barry Keoghan, Don Lee, Kit Harington, Salma Hayek and Angelina Jolie.

Bonus features include:

  • Audio commentary by director Chloé Zhao and producers Stephane Ceretti and Mårten Larsson.
  • “Immortalized” featurette — Phase 4 of the Marvel Cinematic Universe launches into the reasons why Marvel wanted to immortalize these superheroes for the MCU.
  • “Walks of Life” unveils Marvel’s biggest and most diverse lineup of Super Heroes in one film. Hear reactions from the cast on being involved in the film and the instant sense of camaraderie that was felt on the day they all joined each other in their costumes.
  • Deleted Scenes: “Gravity” — Phastos and Jack have a conversation that leads to a breakthrough; “Nostalgia” — Sprite and Makkari reminisce about humankind while overlooking the ruins of Babylon; “Movies” — Gligamesh and Kingo connect over movies while crossing the Amazon River with the rest of the team; “Small Talk” — Sprite confronts Dane in the museum about his interactions with Sersi.

Universal’s ‘F9: The Fast Saga’ Speeds to No. 1 on U.K. Home Entertainment Chart

Universal Pictures Home Entertainment’s F9: The Fast Saga sped to No. 1 on the Official Film Chart in the U.K. for the weekly retail period ended Oct. 20. The actioner made the move thanks to its release on DVD and Blu-ray Disc, which helped it outsell the chart’s top five in combined unit sales.

As a result, Disney’s Jungle Cruise was denied a second week at the top, dropping to No. 2. Disney-owned 20th Century Studios’ Free Guy finished No. 3, while catalog James Bond title Spectre finished No. 4, and Disney/Marvel’s Black Widow ended the week at No. 5. Sony Pictures Home Entertainment’s original Venom moved up five spots to No. 6.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

The week’s highest new entry is M. Night Shyamalan thriller Old (Universal), which entered the chart at No. 7 on digital downloads only. A family vacation is turned into a nightmare when they head to a secluded beach for the day, only to discover it is causing them to age rapidly, reducing their entire lives into a single day.

Universal’s The Croods: A New Age dropped to No. 8, while LeBron James teaming up with the Tune Squad to save his son in Warner Bros. Pictures’ nostalgic sequel Space Jam: A New Legacy, finished No. 9 on just digital download sales.

Finally, Bond catalog title Skyfall dropped three spots to finish at No. 10.

The Official Film Chart Top 10 – Oct. 20, 2021

Rank Previous Week Movie Distributor

© Official Charts Company 2021

Report: TV Viewing Declining in 2021

After a surge in overall media consumption, including TV viewing, during the height of the pandemic in 2020, consumers will continue record consumption — except via the TV.

In addition to digital, media consumption includes radio, television, print and packaged media.

New data from eMarketer found that the average daily time spent with media increased to a record 13 hours and 21 minutes in 2020 — up 58 minutes from 2019. That daily average is expected to decline by 9 minutes to 13 hours and 12 minutes in 2021.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

The report found that among U.S. adults, the daily average media consumption across digital devices will increase by 9 minutes a day in 2021 — even after adding more than an hour in 2020.

The surge in digital media means that the average time spent with traditional media will continue to decline. The data shows legacy media consumption will drop 5.7% this year, which eMarketer attributes to people spending less time watching traditional TV.

Indeed, the report found the average U.S. adult will spend 18 less minutes consuming traditional media this year — 16 minutes of which will come from declines in TV viewing time. U.S. adults will also spend slightly less time than last year listening to radio and consuming print media this year as well.

“Ultimately, 2020 was an anomalous year for TV,” wrote Audrey Shomer, author of the report. “The medium picked up minutes for the first time since 2012, as people spent more time watching TV news about the pandemic, U.S. elections and social unrest.

“This year, however, TV will reverse its 2020 growth and fall below 2019 levels. We expect that time spent watching TV will continue to contract: The average U.S. adult will spend another 15 minutes less with the medium in 2022, and 11 minutes less in 2023.”