Tag: Paramount Pictures Home Entertainment

‘Sonic the Hedgehog 2’ Tops U.K. Home Entertainment Chart

Paramount Pictures Home Entertainment’s Sonic the Hedgehog 2 moved up to No. 1 on the U.K’s Official Film Chart on digital sales only the week ended June 29. After being nipped for the top spot the previous week, the sequel co-starring Jim Carrey moved past previous week chart-topper The Batman from Warner Bros.

The caped crusader didn’t fall far, landing at the No. 2 spot, thanks to sales on physical formats, including DVD, Blu-ray Disc and 4K Ultra HD Blu-ray Disc. The original 1986 Top Gun filled out the podium in the No. 3 spot.

The week’s highest new entry is Universal Pictures Home Entertainment’s The Bad Guys at No. 4. The animated comedy heist film — whose voice cast includes Sam Rockwell, Craig Robinson, Richard Ayoade and Alex Borstein — tells the story of a group of animal criminals, who, to avoid a prison sentence, must become model citizens with disastrous and hilarious results.

Sony Pictures Home Entertainment’s Morbius (No. 5) and Warner Bros. Pictures’ Dune (No. 6) both dropped one spot, while Universal’s animated musical Sing 2 rose two spots to No. 7. Warner’s The Matrix Resurrections finished at No. 8, and Sony Pictures’ Spider-Man: No Way Home crawled back to No. 9.

Finally, Dr. Who & The Daleks made its Official Film Chart debut at No. 10. Released in 1965, and starring Peter Cushing in the lead role, the British sci-fi movie marked the first time character was seen on screen in color. The movie was released in a 4K UHD Blu-ray Disc collector’s edition.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

The Official Film Chart Top 10 – June 29, 2022

Rank Previous Week Movie Distributor
1 2 SONIC THE HEDGEHOG 2 PARAMOUNT PICTURES
2 1 THE BATMAN WARNER
3 3 TOP GUN PARAMOUNT
4 NEW THE BAD GUYS UNIVERSAL
5 4 MORBIUS SONY PICTURES
6 5 DUNE (2021) WARNER
7 9 SING 2 UNIVERSAL
8 7 THE MATRIX RESURRECTIONS WARNER
9 10 SPIDER-MAN: NO WAY HOME SONY PICTURES
10 NEW DR. WHO & THE DALEKS STUDIOCANAL

© Official Charts Company 2022

Paramount Q4, Fiscal Year Home Entertainment Revenue Up 14%

Paramount Home Entertainment Feb. 24 reported fourth-quarter (ended Dec. 31, 2020) revenue of $176 million, an increase of 14%, or $21 million, from $155 million in the previous-year period. For the fiscal year, sales of packaged and digital movies and TV shows topped $706 million, up 14%, or $86 million, from $623 million in 2019.

The studio said home entertainment revenue was driven by higher sales of catalog and Miramax titles. Indeed, Sonic the Hedgehog was the studio’s top-selling DVD/Blu-ray Disc title in 2020.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Q4 2020 revenue decreased 3% year-over-year, reflecting the decline in theatrical revenue, partially offset by growth in licensing and home entertainment revenue. Theatrical revenue was immaterial in the quarter as a result of the closure or reduction in capacity of movie theaters in response to COVID-19.

Licensing revenue grew 39% year-over-year due to higher licensing of catalog titles. Adjusted pre-tax earnings was $18 million, compared with a loss of $119 million in the prior-year quarter as lower revenue was more than offset by lower distribution costs from fewer theatrical releases.