Universal’s 2016 Animated ‘Sing’ Tops Weekly U.K. Home Entertainment Chart

With a lack of new releases due to the ongoing pandemic, catalog re-releases continue to leave their mark. Universal Pictures Home Entertainment’s animated musical Sing emerged as No. 1 in the United Kingdom on the weekly Official Film Chart through Feb. 17.

The movie was originally released in 2016 with a voice cast that includes Matthew McConaghey, Reese Witherspoon, Jennifer Saunders and John C. Reilly, among others. The title never reached the Official Film Chart Top 10 until this week — thanks to digital. It was the most downloaded movie of the week, finishing just a few hundred sales ahead of its closest competition, Roald Dahl’s The Witches at No. 2.

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The previous week’s No. 1, The Greatest Showman, dropped to No. 3, while Spider-Man: Far From Home climbed four places to No. 4, amid growing anticipation about its as-yet-untitled sequel.

The Minions packed Despicable Me 3 climbed six places into the top 10 at No. 5, and Tenet rose three spots to No. 6, while Jumanji: The Next Level (No. 7), Trolls World Tour (No. 8) and Le Mans ’66 (No. 9, known as Ford v Ferrari in the U.S.) also made gains on the chart. Godzilla: King of the Monsters rounded off the countdown at No. 10.

Notable new chart entries included psychological horror Possessor at No. 11, and animal caper Cats & Dogs: Paws Unite at No. 16.

The Official Film Chart Top 10 – Feb. 17, 2021

Rank Last Week Title Studio
1 New Sing Universal Pictures
2 5 Roald Dahl’s The Witches  Warner
3 1 The Greatest Showman Disney/20th Century
4 8 Spider-Man: Far From Home Sony Pictures
5 11 Despicable Me 3  Universal
6 9 Tenet Warner
7 12 Jumanji: The Next Level Sony
8 10 Trolls World Tour Universal/DreamWorks Animation
9 13 Le Mans ’66 (Ford v Ferrari)
20th Century
10 4 Godzilla: King of the Monsters  Warner

 

© Official Charts Company 2021

Universal Pictures Q1 Profit Falls 45%

The movie business is often a financial rollercoaster, with release slates and fickle box office turning previous successes into future fiscal headaches.

Universal Pictures said first-quarter (ended March 31) revenue dropped 16.3% to $1.6 billion from $1.9 billion in the previous-year period, primarily due to lower theatrical revenue. The studio includes Universal Pictures Home Entertainment.

Theatrical revenue decreased 35% due to the higher number of movies in release in last year’s first quarter, including comparing financial results from Fifty Shades DarkerSingSplit and Get Out in last year’s quarter against performances of Fifty Shades Freed, Pacific Rim Uprising, Darkest Hour and Pitch Perfect 3 in this year’s first quarter.

Fifty Shades Darker generated $114.5 million at the previous-period domestic box office compared to $100 million for follow-up Fifty Shades Freed this year.

Animation hit, Sing, generated $634 million globally, including more than $270 million domestically. It also generated almost $63 million in combined DVD/Blu-ray Disc sales in 2017, according to The-Numbers.com. That’s more than the combined box office tally from Pitch Perfect 3, Darkest Hour and Pacific Rim Uprising.

Studio pre-tax income fell 45.2% to $203 million from $370.4 million in the previous-year period, reflecting the decline in revenue, partially offset by lower programming and production costs.

Universal Upped 2017 Home Entertainment Revenue

Universal Pictures Home Entertainment Jan. 24 reported fiscal 2017 revenue of more than $1.32 billion, which was up about 5% from revenue of $1.25 billion in 2016.

The studio said fourth-quarter revenue declined 20% to $377 million from revenue of $471 million in the previous-year period.

Home Entertainment Q4 revenue decreases reflected the success of several releases in the prior year period, including The Secret Life of Pets and Jason Bourne, partially offset by Despicable Me 3 in this year’s fourth quarter.

Overall quarterly studio revenue decreased 5.2% to $1.7 billion in the fourth quarter of 2017, reflecting lower theatrical, home entertainment, and other revenue, partially offset by increased content licensing revenue.

Theatrical revenue plummeted 42.1%, primarily due to a higher number of releases in last year’s fourth quarter, including animated Sing, partially offset by the performance of this year’s fourth quarter releases, including Pitch Perfect 3 

PP3 has generated more than $100 million at the global box office since its Dec. 22, 2017 theatrical launch. Sing generated $270 million at the 2016/17 box office.

Content licensing revenue increased 21.2%, driven by the timing of when content was made available under licensing agreements. Adjusted pre-tax earnings increased by 90% to $230 million, reflecting lower programming and production costs, partially offset by the decline in revenue.

For the year, studio increased 20.4% to $7.7 billion compared to 2016, reflecting higher theatrical, content licensing, other and home entertainment revenue. Adjusted pre-tax earnings increased 83.3% to $1.3 billion compared to 2016, reflecting higher revenue, partially offset by increased programming and production costs.