DEG: Sales, Rentals of Catalog Movies, TV Series Soar in Q1

Catalog titles more than doubled their share of digital transactional spending in the first quarter of this year, according to the latest DEG: The Digital Entertainment estimates, released late in the day on May 11.

Older movies accounted for 76% of all digital purchases (also known as electronic sellthrough) and rentals in Q1, DEG reported, compared with 37% in the first quarter of 2020.

Very few new films have been released to transactional home entertainment platforms so far this year, as studios hold back films in anticipation that COVID-19 restrictions will be further eased and theaters will soon be operating at full capacity.

For most of the first quarter, movie theaters in Los Angeles — the epicenter of the movie business — were dark. Only in the middle of the month were they allowed to reopen, albeit at 25% capacity.

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Among the top catalog titles in the first quarter of 2021: Harry Potter: Complete 8-Film Collection, Spider-Man: Homecoming, The Wolf of Wall Street, Godzilla: King of the Monsters and Harry Potter and the Sorcerer’s Stone.

Consumers were also drawn to purchase TV titles, with digital sales of TV shows rising nearly 35% during the quarter to an estimated $215 million. Top-selling TV series included “Yellowstone,” “The Office,” “The Big Bang Theory,” “When Calls the Heart” and “RuPaul’s Drag Race.”

‘Spider-Man’ Ups Sony Pictures Theatrical, Home Entertainment Q2 Revenue

Sony Pictures again pulled out its perennial ace card, Spider-Man, with predictable results.

Sony Pictures Home Entertainment Oct. 30 reported second-quarter (ended Sept. 30) revenue of $160 million, up $1 million from revenue of $159 million during the previous-year period. One of its biggest home video sellers was Spider-Man: Into the Spider-Verse, which was released to retail March 19.

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Sony Pictures theatrical revenue topped $2.1 billion, a 31% increase from revenue of $1.6 billion driven largely by the webslinger.

Spider-Man: Far From Home led with $1.1 billion at the global box office since its July 2 debut, while Quentin Tarantino’s Once Upon a Time in Hollywood added $390 million. The Angry Birds Movie 2 contributed $125 million.

This compared with Hotel Transylvania 3: Summer Vacation ($516 million); The Equalizer 2 ($187 million); Slender Man ($52 million) and Searching with $65 million in the previous-year period.

Sony Pictures Ups Q3 Theatrical Revenue 76%

Sony Pictures Entertainment Feb. 1 reported third-quarter (ended Dec. 31, 2018) theatrical revenue of $532 million, up 76% from revenue of $302 million in the previous-year period.

Total revenue topped $2.45 billion, up 6.5% from $2.3 billion last year. Operating income increased nearly 10% to $102 million from $93 million.

Principle box office drivers included sci-fi thriller Venom, starring Tom Hardy, with $855 million in global revenue, and Spider-Man: Into the Spider-Verse, with $225 million.

In the previous-year period, top box office titles included Jumanji: Welcome to the Jungle ($329 million) and Blade Runner: 2049 ($163 million).

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On the retail side, Sony Pictures Home Entertainment generated revenue of $320 million, down less than 4% from revenue of $331 million in the previous-year period. Through nine months of the fiscal year, home entertainment revenue was up 3% at $713 million from $692 million during the previous-year period.

Home entertainment releases in the quarter included Venom, Sicario: Day of the Soldado, The Equalizer 2, Alpha and Hotel Transylvania 3 : Summer Vacation.

Jumanji: Welcome to the Jungle, Hotel Transylvania 3, Blade Runner 2049 and Spider-Man: Homecoming were the top-selling SPHE titles released on DVD/Blu-ray Disc in 2018 – with combined revenue of $140.6 million, according to The-Numbers.com. .

 

Sony Pictures Home Entertainment Posts Flat Q2 Revenue

Sony Pictures Home Entertainment Oct. 30 reported second-quarter (ended Sept. 30) revenue of $159 million, down less than 2% from $162 million during the previous-year period.

Through the year-to-date fiscal year, home entertainment revenue is up nearly 9% to $393 million compared to $361 million last year.

Releases in the quarter included The Leisure Seeker, The Good Doctor: Season 1, The Blacklist: Season 5, Superfly andFraggle Rock: The Complete Series. Releases in the previous-year period included Smurfs: The Lost Village, Resident Evil: Vendetta, The Blacklist: Season 4, Rough NightandStarship Troopers: Traitor of Mars.

Top-selling SPHE discs in 2018 remain Jumanji: Welcome to the Jungle with $56.7 million in revenue via more than 2.5 million combined DVD/Blu-ray Discs units sold; Peter Rabbit($17.4 million) through 932,000 discs, and Spider-Man: Homecoming($8.2 million, 630,000), according to The-Numbers.com.

Overall, Sony Pictures posted operating income of $23.5 million on revenue of $241 million. That compared to operating income of $7.7 million on $244 million during the previous-year period.

Theatrical revenue declined due to year-over-year comparisons with Spider-Man: Homecomingin the previous-year quarter.

The studio is projecting operating income of $50 million on revenue of $1 billion for the fiscal year, ending March 31, 2019. That’s up from $44 million and $990 million in revenue during the previous (July) projection.

Sony generated $41.1 million in operating incomes on $1.01 billion in revenue in fiscal-year 2017.

 

 

Sony Ups Q4 Home Entertainment Revenue

Sony Pictures Home Entertainment April 27 reported fourth-quarter (ended March 31) revenue of $290 million, which was up nearly 6% from revenue of $274 million during the previous-year period.

For the fiscal year, revenue dipped 5% to $982 million from $1 billion in the previous year.

Lone home entertainment release in the quarter – box office hit, Jumanji: Welcome to the Jungle– was released just 11 days before the end of the quarter.

Top-selling discs in the quarter included Spider-Man: Homecoming, which generated $1.7 million in combined DVD/Blu-ray Disc unit sales, according to The-Numbers.com. The title has generated $50 million in disc sales since its Oct. 17, 2017 retail release.

Baby Drivergenerated $16.7 million, while Josh Brolin’s forest fire bio-pic, Only the Brave, generated $5.6 million, and animated movie, The Star, generated $4.7 million.

Overall, theatrical revenue in the quarter increased 7% to $1.35 billion from $1.26 billion last year. Fiscal year revenue increased 8% to $4 billion from $3.7 billion.

Operating income for the fiscal year bounced back into the black at $841 million compared to a $962 million loss last year following an impairment charge.

 

 

Sony Ups Q3 Home Entertainment Sales

Sony Pictures Home Entertainment Feb. 2 reported third-quarter (ended Dec. 31, 2017) revenue of $331 million, which was up $3 million from revenue of $328 million during the previous-year period.

Through nine months of the fiscal year, revenue topped $692 million compared to $764 million during the previous-year period.

Top 10 titles released in the quarter included Baby Driver, Spider-Man: Homecoming, The Emoji Movie, The Dark Tower, Jungle,  All Saints and Flatliners.

Spider-Man: Homecoming remains SPHE’s top-selling title, generating $42.5 million on sales of more than 2.2 million combined Blu-ray Disc and DVD units, according to The-Numbers.com.

The Emoji Movie generated $12.5 million on 703,000 discs, in addition to Baby Driver with $12.9 million on 584,000 discs.

The results do not include 4K UHD Blu-ray or digital sales.

The studio also released House of Cards: Season 5, The Crown: Season 1 and Preacher: Season 2. Sony Pictures Television produces the series for original distributors Netflix and AMC Networks, respectively.

Overall, Sony Pictures Entertainment reported operating income of $95.1 million on revenue of $2.3 billion, compared to an operating loss of $968 million on revenue of $2 billion during the previous-year period.

Last year’s period included an impairment charge of $1 billion, which the studio attributed in part to the 1989 acquisition of Columbia Pictures.

Sony said theatrical revenue was driven by Jumanji: Welcome to the Jungle, television sales of the second season of “The Crown” to Netflix – offset in part by lower home entertainment catalog sales.