Whip Media: ‘The Menu,’ ‘The Mandalorian’ Top Movie and TV Streaming Titles in First Quarter

The Menu had the most No. 1 finishes on the weekly Whip Media streaming movie chart, while “The Mandalorian” posted the most No. 1 tallies on the weekly Whip streaming TV chart in the first quarter. 

Meanwhile, Netflix titles had the most appearances on the weekly top 10 movie chart, and Paramount+ tallied the most appearances on the weekly top 10 TV chart. Paramount+ led the pack in TV shows with 36 appearances in the weekly top 10 in Q1, thanks to series such as “1923,” “Tulsa King,” and “Star Trek: Picard.” Netflix lapped the competition when it came to streaming movies, with 49 appearances on the weekly ranker, more than the next two services (HBO Max and Peacock) combined, according to Whip.

The report is based on data from users of Whip Media company TV Time, a free TV and movie viewership tracking app with more than 25 million global users, according to the company.

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Apple Posts Record Q1 Revenue, Topping $111 Billion

Apple Jan. 27 reported record quarterly revenue for its services segment, which includes sales of movies and TV shows on iTunes, the App Store, Mac App Store, Apple Music, Apple Pay, Apple TV+, Apple Arcade and Apple News+, among others. The segment generated $15.8 billion in revenue for the first quarter, ended Dec. 26, 2020, compared with $12.7 billion in the previous-year period.

When factoring in more than $95 billion in product revenue, Menlo Park, Calif.-based Apple generated record $111 billion in revenue, up 21% from revenue of $91.8 million in the previous-year period.

Apple saw green throughout its product categories, with iPhone sales up 17% to $65 billion; Mac sales up 21% to $8.7 billion; iPad revenue up 40% to $8.4 billion; wearables (Apple Watch) up 29.5% to $15.8 billion.

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“We’re gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season,” CEO Tim Cook said in a statement.


Walmart to Discontinue Jet.com; Q1 Revenue Up 8.6%

Walmart, the world’s biggest brick-and-mortar retailer and the largest seller of DVDs and Blu-ray Discs, on May 19 reported it would discontinue Jet.com, which it acquired four years ago to assist in its effort to combat online goliath Amazon.

The announcement came in its financial report for the first quarter ended May 1, in which revenue totaled $134.6 billion, up 8.6% from the comparable period in 2019, in part due to “unprecedented demand” during the COVID-19 pandemic, according to Walmart. Since Walmart carries groceries, the chain was one of only a few retailers, mostly grocers and pharmacies, allowed to remain open after governors in most states closed all but “essential” businesses.

Operating income grew 5.6% to $5.2 billion. Walmart U.S. comp sales increased 10%, led by strength in food, consumables, health and wellness, and some general merchandise categories. Walmart U.S. eCommerce sales grew 74% with strong results for grocery pickup and delivery services, walmart.com, and marketplace, according to the company.

“More than ever, the news this quarter is our amazing associates. They are rising to the challenge to serve our customers and our communities. I’m proud of how they’re adapting and performing. Our omnichannel strategy, enabling customers to shop in seamless, flexible ways, is built for serving the needs of customers during this crisis and in the future,” president and CEO Doug McMillon said in a statement.

The chain is nixing Jet.com, which it acquired in 2016 for $3 billion, because the Walmart.com brand is strong, it reported.

“Due to continued strength of the Walmart.com brand, the company will discontinue Jet.com,” read the Walmart press release. “The acquisition of Jet.com nearly four years ago was critical to accelerating our omni strategy.”

On an afternoon earnings call with analysts May 19, McMillon elaborated, “While the  [Jet.com] brand name may still be used in the future, our resources, people and financials have been dominated by the Walmart brand because it has so much traction. We’re seeing the Walmart brand resonate regardless of income, geography or age. The Jet acquisition was critical to jumpstarting the progress we’ve made the last few years. Not only have we picked up traction with pickup and delivery, but our Walmart.com non-food e-commerce growth accelerated after the arrival of Marc and the Jet team.”

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The news comes on the heels of Walmart shedding online movie site Vudu. Last month, Comcast-owned movie ticket and transactional VOD service Fandango announced the acquisition of Vudu.com from Walmart for an undisclosed amount. Vudu, which Walmart acquired 10 years ago for $100 million, will continue backend support for Walmart’s online digital movie business, while existing Vudu subscribers will still have access to content stored in the cloud.

On an earnings call on the afternoon of May 19, McMillon noted that since the pandemic-triggered quarantine began in the middle of March, “we’ve hired more than 235,000 associates in the United States. The majority are on a temporary basis to help relieve some of the burden faced by our associates in stores and supply chain facilities, as well as to help provide opportunities for people who’ve been displaced from their previous jobs.”

He noted that as the pandemic spread, “we saw the mix of sales ship heavily towards food and consumables. … We experienced unprecedented demand in categories like paper goods, surface cleaners and grocery staples. For many of these items we were selling in two or three hours what we normally sell in two or three days.”

As the quarter progressed, McMillon added, “we saw a second phase related to entertaining and educating at home, puzzles and video games took off. Parents became teachers. Adult bicycles started selling out as parents started to join the kids. An overlapping trend then started emerging related to DIY and home related activities. Think games, home office, exercise equipment and alike. It was also clear a lot of people were taking a do-it-yourself approach as they bought items like bandanas and sewing machines to make masks. We can see customers looking to improve their indoor and outdoor living spaces, our home categories in stores and online took off.

“Toward the end of the quarter another phase emerged, COVID relief spending as it was heavily influenced by stimulus dollars leading to sales increases in categories such as apparel, televisions, video games, sporting goods and toys.”