Sony Pictures Home Entertainment Ups Nine-Month Sales 28% to $567 Million

Sony Pictures Home Entertainment Feb. 2 disclosed it generated $567 million in revenue for the nine-month fiscal period ended Dec. 31, 2022. That’s up more than 28% from revenue of $442 million during the previous-year period. Third-quarter revenue declined nearly 17% to $145 million, from $174 million in the previous-year period.

Spider-Man: No Way Home was the studio’s top-selling retail release in 2022 following the movie’s electronic sellthrough release on March 22, 2022, and subsequent packaged-media release on April 12, 2022.

No Way Home was the top-grossing theatrical release in 2021 and remains the No. 7 all-time grossing theatrical release with more than $1.92 billion in ticket sales.

Overall, Sony Pictures operating income plummeted 83% to $197.4 million, from operating income of $1.16 billion during the previous-year period. Revenue dropped 28% to $2.57 billion, from $3.58 billion in the previous-year period.

Sony attributed the operating income/revenue decline to unfavorable comparisons with last year’s quarter, which included Spider-Man: No Way Home and Venom: Let There Be Carnage revenue, among other releases.

Sony’s top-grossing 2022 theatrical release, Uncharted, generated $401.7 million in global revenue, including $148.6 million across North American screens.

Hollywood Blockbusters Upped 2022 U.K. Home Entertainment Retail Revenue 6% to $775.5 Million

Entertainment consumers in the United Kingdom still love to purchase movies and TV shows across digital and physical formats. New data from the British Association for Screen Entertainment found that consumers spent more than $775 million acquiring video content — led by Paramount Home Entertainment’s Top Gun: Maverick and Sony Pictures Home Entertainment’s Spider-Man: No Way Home

Maverick was the biggest-selling home entertainment title with 1.566 million combined unit sales across transactional VOD, electronic sellthrough, Blu-ray Disc and DVD. The original 1986 Top Gun was a top-selling transactional VOD title.

No Way Home, the 2021 global box office champion, sold 1.365 million combined unit sales across all transactional formats. HBO’s House of the Dragon: Season One was the top-selling TV show on disc. 

Subscribe HERE to the FREE Media Play News Daily Newsletter!

More than 50 movies were released on premium electronic sellthrough (PEST) and PVOD, a 6.3% rise from 2021, with the average theatrical window per movie hovering around 35 days.

Electronic sellthrough (digital purchase) generated $281 million, with 13 titles selling more than 100,000 units. Transactional VOD revenue increased 6.1% to $162.4 million, from $153 million in 2021.

Packaged media generated $257.2 million in sales across DVD, Blu-ray Disc and 4K UHD Blu-ray, with 13 titles selling more than 100,000 units. Blu-ray and Blu-ray 4K UHD upped their physical market share  to 40%, with 4K UHD demonstrating 14.7% growth from 2021. 

Warner Bros. Home Entertainment was the leading transactional content studio distributor across physical (34% market share) and digital (17.8% share) channels.

‘Top Gun: Maverick’ Led Disc Sellers in December; ‘Spider-Man: No Way Home’ No. 1 for 2022

Paramount Home Entertainment’s Top Gun: Maverick was No. 1 on the top 10 list of physical-media sales for December 2022, according to the NPD Group’s VideoScan tracking service that compiles DVD and Blu-ray transactions. That’s the second-straight month Maverick as been No. 1 and the expected outcome after the sequel topped the weekly sales charts for nine consecutive weeks since its debut at the beginning of November, a streak that encompassed every week in both months to end the year and wasn’t snapped until the first week of 2023.

Despite such dominance, Maverick still managed to finish only No. 2 for 2022 as a whole, behind Sony Pictures’ Spider-Man: No Way Home, which had topped the year-to-date chart pretty much since its Blu-ray and DVD release in April. That Maverick couldn’t dislodge Spidey with its late push speaks more to the relatively weaker market conditions at the time of its release than earlier in the year — Maverick didn’t face much competition in November and December, making it easier for it to retain the No. 1 position on the weekly charts, while No Way Home continued to sell well throughout the year and was buoyed a bit by a theatrical release of an extended cut in September.

Indeed, the remainder of the December top sellers chart was dominated by Christmas catalog titles, with only two movies released on disc during the month selling enough to make the list. Both were from Sony Pictures: the family musical Lyle, Lyle, Crocodile was No. 6, and the historical drama The Woman King was No. 8.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

The final list of top 10 sellers for 2022 as a whole didn’t shift much since the end of November. The top eight sellers maintained their positions, while the 1986 original Top Gun, continuing to ride a boost from its sequel, moved up to No. 9, pushing Sony Pictures’ Uncharted to No. 10.

Follow us on Instagram

According to NPD, the December 2022 top 10 by units sold were:

  1. Top Gun: Maverick (Paramount)
  2. How the Grinch Stole Christmas (2000) (Universal)
  3. The Grinch (Universal)
  4. A Charlie Brown Christmas (Paramount)
  5. Elf (Warner)
  6. Lyle, Lyle, Crocodile (Sony Pictures)
  7. National Lampoon’s Christmas Vacation (Warner)
  8. The Woman King (Sony Pictures)
  9. A Christmas Story (Warner)
  10. How the Grinch Stole Christmas (1966) (Warner)

 

2022 Top 10:

  1. Spider-Man: No Way Home (Sony Pictures)
  2. Top Gun: Maverick (Paramount)
  3. Jurassic World Dominion (Universal)
  4. Ghostbusters: Afterlife (Sony Pictures)
  5. Dune: Part One (Warner)
  6. The Batman (Warner)
  7. Sing 2 (Universal)
  8. Encanto (Disney)
  9. Top Gun (Paramount)
  10. Uncharted (Sony Pictures)

 

‘Top Gun: Maverick’ Leads November Disc Sellers

‘Top Gun’ Movies Ruled 2022 U.K. Home Entertainment Sales, Rentals

Paramount Home Entertainment’s Top Gun movie franchise dominated 2022 U.K. home entertainment sales and rentals, according to new data released Jan. 5 by the British Association for Screen Entertainment (BASE) and the Official Charts Company.

Top Gun: Maverick was the biggest-selling home entertainment title in 2022, with more than 1.2 million sales across DVD, Blu-ray Disc, and digital sellthrough. The original Top Gun (1986) was the most-rented title with nearly half a million digital transactions. 

Sony Pictures Home Entertainment’s Spider-Man: No Way Home (the 2021 global box office champ) finished No. 2 with more than 900,000 sales across DVD, Blu-ray and digital sales, plus a rental performance of more than 450,000 transactional VOD units. 

BASE said more than 50 titles were released on premium VOD and sellthrough.

Meanwhile, subscription VOD continues to resonate with U.K. consumers, who ended 2022 with nearly 50 million subscriptions, up 6.4% from 2021. Disney+ and Netflix introduced lower-cost ad-supported options, while Paramount+ launched in the U.K., and FAST channels like Paramount’s Pluto TV continued to grow. Animated musical Encanto was the best-selling children’s title alongside it’s release on Disney+. 

HBO Max’s “House of the Dragon” dominated the TV charts, snatching the No. 1 spot with its home video release at Christmas. Longtime British favorite series, “Doctor Who” also dominated the TV disc chart with three titles in the top 10, including the last series starring Jodie Whittaker in the title role in “Doctor Who: Flux,” and “The Abominable Snowmen,” animated episodes of the lost classic set to the surviving 1967 audio recordings. 

Universal Pictures Home Entertainment’s Downton Abbey: A New Era underscored the resilience of DVD with more than 190,000 unit sales.  BASE said that more than 680 million DVDs have been sold over the last 10 years. In 2022, more than 40% of packaged-media sales were Blu-ray Disc and 4K UHD Blu-ray, with Warner Bros. Home Entertainment’s 2021 release Dune the top-selling title for the high-definition format. 

 “U.K. home entertainment has evolved at an electrifying speed to meet the needs of savvy audiences,” Liz Bales, CEO of BASE, said in a statement.

Bales said that with myriad home entertainment distribution choices, the box office still remains the greatest indicator of movie’s retail success.

“So, it was fantastic to see Top Gun: Maverick convert its outstanding cinema performance into the biggest sales of the year, and the original Top Gun prove once again that audiences love nostalgia,” Bales said. 

Official Video Chart 2022 (Blu-ray Disc and DVD, Digital Sellthrough, TVOD)

  1. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  2. Top Gun: Maverick (Paramount Home Entertainment)
  3. No Time to Die (Universal Pictures Home Entertainment)
  4. Top Gun (Sony Pictures Home Entertainment)
  5. Uncharted (Sony Pictures Home Entertainment)

 

Official Video Chart 2022 (All Digital Retail; Blu-ray Disc and DVD, Digital Sellthrough)

  1. Top Gun: Maverick (Paramount Home Entertainment)
  2. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  3. Dune (2021) (Warner Bros. Home Entertainment)
  4. The Batman (Warner Bros. Home Entertainment)
  5. Ghostbusters – Afterlife (Sony Pictures Home Entertainment)

 

Official Video Chart 2022 (All Blu-ray Disc & DVD)

  1. Top Gun: Maverick (Paramount Home Entertainment)
  2. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  3. No Time to Die (Universal Pictures Home Entertainment)
  4. Dune (2021) (Warner Bros. Home Entertainment)
  5. The Batman (Warner Bros. Home Entertainment)

 

Official DVD Chart 2022

  1. Top Gun: Maverick (Paramount Home Entertainment)
  2. Downton Abbey: A New Era (Universal Pictures Home Entertainment)
  3. No Time to Die (Universal Pictures Home Entertainment)
  4. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  5. Elvis (Warner Bros. Home Entertainment)

 

Official Blu-ray Disc Chart 2022

  1. Dune (2021) (Warner Bros. Home Entertainment)
  2. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  3. The Batman (Warner Bros. Home Entertainment)
  4. Top Gun: Maverick (Paramount Home Entertainment)
  5. No Time to Die (Universal Pictures Home Entertainment)

 

Official Film Download Chart: Digital Sellthrough 2022

  1. Top Gun: Maverick (Paramount Home Entertainment)
  2. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  3. Sing 2 (Universal Pictures Home Entertainment)
  4. Ghostbusters – Afterlife (Sony Pictures Home Entertainment)
  5. Dune (2021) (Warner Bros. Home Entertainment)

 

Official Film Download Chart: Digital Rental 2022

  1. Top Gun: Maverick (Paramount Home Entertainment)
  2. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  3. Uncharted (Sony Pictures Home Entertainment)
  4. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  5. Venom: Let There Be Carnage (Sony Pictures Home Entertainment)

 

Official Film on Video Chart 2022

  1. Top Gun: Maverick (Paramount Home Entertainment)
  2. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  3. Spider-Man: No Way Home (Sony Pictures Home Entertainment)
  4. Dune (2021) (Warner Bros. Home Entertainment)
  5. The Batman (Warner Bros. Home Entertainment)

 

Official Children’s Video Chart 2022

  1. Encanto (Walt Disney Home Entertainment)
  2. Sing 2 (Universal Pictures Home Entertainment)
  3. Minions: The Rise of Gru (Universal Pictures Home Entertainment)
  4. Sonic the Hedgehog 2 (Paramount Home Entertainment) 
  5. The Boss Baby 2: Family Business (Universal Pictures Home Entertainment)

 

Official Catalog Video Chart 2022 on Disc

  1. Dune (2021) (Warner Bros. Home Entertainment)
  2. No Time to Die (Universal Pictures Home Entertainment)
  3. Top Gun: Maverick (Paramount Home Entertainment)
  4. The Batman (Warner Bros. Home Entertainment)
  5. Encanto (Walt Disney Home Entertainment)

 

Top-Selling Boxed Sets (Disc and Digital Sellthrough)

  1. Harry Potter: The Complete Collection
  2. Jurassic World: Ultimate Collection
  3. The Hobbit Trilogy
  4. The Godfather Trilogy
  5. Hobbit Trilogy/Lord of the Rings Trilogy

 

© The British Association for Screen Entertainment, The Official Charts

This Week’s MPN Podcast: Most Popular Streamed Movies and Shows of 2022; Most Anticipated Content Coming in January

On this week’s episode of the Media Play News podcast, hosts Charles Parkman and Charlie Showley cover  the year’s most popular streamed movies and shows according to data compiled by JustWatch.

They debate the pros and cons of the lists, while sharing some of their own insights about what they’d seen during the year. In general, moviegoers returned to theaters in droves for the first time since the pandemic, but streaming was still a very popular way to watch new movies. For example, Spider-Man: No Way Home set records for one of the largest theatrical releases of all time, yet was still the No. 4 most streamed movie of the year.

Unsurprisingly, the No. 1 most popular streamed movie was Top Gun: Maverick, the surprise smash of the year that made well over a billion dollars during its theatrical run and maintained strong viewership numbers on both streaming as well as physical sales.

For shows, the dueling high fantasy epics of “House of the Dragon” and “Lord of the Rings: The Rings of Power” both held top 10 spots by popularity, but the most popular streamed show was Netflix’s “Stranger Things,” now in its fourth season. Charlie wraps the segment by remarking on the abrupt cancellation of another Netflix show, “1899.”

The following segment looks ahead to January releases of new movies and shows. The hosts were at a loss for most of the announcements, leading them to conclude that Avatar: The Way of Water would face just about no competition for another month in theaters and easily net at least $2 billion before the end of the month.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

One new show that caught their eye was “The Last of Us,” set to premiere on HBO Max. This is a show based on a video game by the same name that both have played, and given its mature and cinematic content led them to both give it a preemptive recommendation.

2022 Home Entertainment Revenue Slid Further into the Shadows of Studio Financials

Walt Disney Home Entertainment generated $820 million selling digital and physical movies in its fiscal-year 2022 (ended Oct. 1), driven by Doctor Strange in the Multiverse of Madness and animated musical Encanto.

Lionsgate generated $342 million in sales of movies and TV shows across retail channels through six months of its fiscal 2023 (ended Sept. 30).

Paramount saw almost $1.5 billion in third-quarter (ended Sept. 30) revenue from the “licensing and other” of its hit theatrical movies (Top Gun: Maverick, Sonic the Hedgehog 2, Smile, The Lost City and Scream) and TV shows across retail channels, including DVD and Blu-ray Disc.

You won’t see any of the aforementioned studio financial results presented in quarterly press releases or discussed by corporate executives. While the data points represented fiscal declines ranging from 1% to 19% compared with previous-year periods, they still generated more than $2 billion in combined revenue. Yet, all were buried in the corporate parent’s 10Q regulatory filings — underscoring home entertainment’s diminished retail star in relation to streaming video.

Only Sony Pictures Home Entertainment and Universal Pictures Home Entertainment continue to receive topline billing in their respective corporate parent’s financials. Sony reported a 57% increase in home entertainment revenue to $422 million for the six months ended Sept. 30, while Universal saw a 30% uptick in Q3 revenue to $356 million, from $273 million in the prior-year period.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Indeed, Sony’s Spider-Man: No Way Home and Universal’s Jurassic World Dominion are among the top-selling packaged media releases in 2022.

NBCUniversal CEO Jeff Shell says the digital movie retail space continues to be a fiscal goldmine, driven by proprietary properties Fandango and Vudu. He said the studio’s strategy releasing all theatrical movies with a box office less than $50 million after 17 days into retail channels has been a margin-driving homerun. The company earns a 80% cut on each $19.99 premium VOD transaction compared to a 50% cut for each theatrical ticket sold.

“Eighty percent adds up a lot more quickly than 50% adds up, and we’re still in the theatrical marketing halo,” Shell told a Dec. 5 investor event. “So, that has been a hugely profitable part of the business.”

Sony Pictures Home Entertainment Explodes Half-Year Revenue 57% to $422 Million

Thank goodness for superheroes, video games and anti-heroes.

All factored prominently Nov. 1 for Sony Pictures Home Entertainment, which reported second-quarter (ended Sept. 30) revenue of $140 million, which was up nearly 8% from revenue of $130 million during the previous-year period. Through half of the 2023 fiscal year, sales of digital and physical movies and TV shows topped $422 million, a 57.4% increase from $268 million in revenue during the same period a year ago.

The studio continues to be led by the retail releases of Spider-Man: No Way Home — the top-selling packaged media release in 2022 — Ghostbusters: Afterlife, Uncharted, Venom: Let There Be Carnage and Morbius, among others.

Notably, home entertainment revenue topped Sony Pictures Entertainment’s theatrical revenue, which was more than $332 million through six months. That was up 146% from box office revenue of $135 million during the same period in 2021.

Top-performing theatrical releases in the quarter included Bullet Train ($233 million), Where the Crawdads Sing ($132 million), The Woman King ($44 million) and The Invitation ($32 million). That compared with previous-year releases Escape Room: Tournament of Champions ($53 million), Don’t Breathe 2 ($50 million) and Show Me the Father ($2 million).

Streaming services revenue, which includes license revenue from third-party streaming SVOD/AVOD platforms, topped $320 million, which is down almost 25% from revenue of $431 million during the previous-year quarter. For half of the fiscal year, streaming revenue reached $671 million, down 13% from revenue of $771 million during the same period in fiscal 2022.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

Paramount: ‘Top Gun: Maverick’ Becomes Fifth-Highest-Grossing Domestic Movie in History, Topping $700 Million in Ticket Sales

Paramount Pictures Sept. 5 announced that Tom Cruise-starrer Top Gun: Maverick will have generated more than $700 million in domestic box office through the Labor Day weekend, moving past 2018’s Black Panther (Disney/Marvel) as the fifth highest-grossing domestic release of all time.

Helping drive moviegoer interest was the Sept. 3 debut of National Cinema Day, which generated an estimated 8.1 million people paying $3 a ticket across more than 3,000 screens, according to the National Association of Theatre Owners.

Maverick is the only film to ever be No. 1 at the domestic box office for both the Memorial Day and Labor Day holidays. In its 15th week since release, Top Gun: Maverick will have grossed more than $701 million in domestic box office and $740 million in international receipts for a cumulative total of over $1.44 billion.

“It’s without a doubt that [the movie] is a true cultural touchstone embodying the power of the cinematic experience,” Brian Robbins, CEO of Paramount Pictures, said in a statement. “As we celebrate this enormous achievement and the film’s massive impact, we want to extend our gratitude to Tom Cruise, our filmmakers and cast, Paramount’s marketing and distribution teams, and the legions of both new and longtime Top Gun fans who keep turning out to enjoy this remarkable movie.”

While the movie continues to resonate with moviegoers, generating an estimated $7.9 million in ticket sales through Sept. 5, the North American theatrical business continues to flounder. Indeed, Sony Pictures’ Spider-Man: No Way Home, a comic book actioner first released in December 2021, and re-released with 11 minutes of additional footage, is estimated to generate $6.5 million through today.

No Way Home has now generated more than $812 million across North American screens.

‘Doctor Strange’ Sequel Conjures Top Spot on DVD and Blu-ray Sales Chart for July; ‘Spider-Man: No Way Home’ Still No. 1 for 2022

Disney-owned Marvel Studios’ Doctor Strange in the Multiverse of Madness emerged as the No. 1 title on the top 10 list of physical-media sales for July 2022, according to the NPD Group’s VideoScan tracking service that compiles DVD and Blu-ray transactions. The latest Marvel Cinematic Universe entry was released to disc July 26 and spent two weeks atop the weekly sales charts.

The No. 2 July disc seller was Warner’s Fantastic Beasts: The Secrets of Dumbledore, which had been No. 4 in June. The latest “Harry Potter” prequel arrived on shelves June 28, so a bulk of its continuing sales were in July, when it was the top seller for three of its first four weeks.

Universal Pictures’ sequel Downton Abbey: A New Era, released on disc July 5, was No. 3 for the month. Another July 5 disc release, Lionsgate’s Everything Everywhere All at Once.

Paramount’s romantic-comedy adventure The Lost City, with Sandra Bullock, was No. 5 in July, having arrived on disc July 26.

The June No. 1 seller, Sony Pictures Home Entertainment’s Morbius, slipped to No. 7.

Subscribe HERE to the FREE Media Play News Daily Newsletter!

The year-to-date top 10 carried over the same one through nine titles from June, led by Sony Pictures’ Spider-Man: No Way Home, which was No. 10 in July.

The only shift was that Paramount’s 1986 original Top Gun climbed to No. 10, pushing Disney’s Eternals out of the yearly top 10.

The fighter jet actioner was No. 8 in July and continued to get a big sales boost from the theatrical success of Top Gun: Maverick.

Follow us on Instagram

According to NPD, the July 2022 top 10 by units sold were:

  1. Doctor Strange in the Multiverse of Madness (Disney/Marvel)
  2. Fantastic Beasts: The Secrets of Dumbledore (Warner)
  3. Downton Abbey: A New Era (Universal)
  4. Everything Everywhere All at Once (Lionsgate)
  5. The Lost City (Paramount)
  6. The Bad Guys (Universal/DreamWorks)
  7. Morbius (Sony Pictures)
  8. Top Gun (Paramount)
  9. The Batman (Warner)
  10. Spider-Man: No Way Home (Sony Pictures)

 

Year-to-Date Top 10 (through July 2022):

  1. Spider-Man: No Way Home (Sony Pictures)
  2. Ghostbusters: Afterlife (Sony Pictures)
  3. Dune: Part One (Warner)
  4. Sing 2 (Universal)
  5. Encanto (Disney)
  6. The Batman (Warner)
  7. Uncharted (Sony Pictures)
  8. Yellowstone: Season Four (Paramount)
  9. No Time to Die (Universal/MGM)
  10. Top Gun (Paramount)

 

‘Morbius’ Lands Atop DVD and Blu-ray Sales Chart for June

Sony Pictures Q1 Home Entertainment Revenue Surged 104% Thanks to ‘Spider-Man: No Way Home’

Sony Pictures Home Entertainment July 29 reported first-quarter FY 2023 revenue of $282 million for the period ended June 30. The tally was up 104% from revenue of $138 million during the previous-year period.

Notable revenue driver included the enduring Spider-Man: No Way Home, which continued to resonate with consumers on digital and packaged media the same way it had at the box office. The latest webslinger actioner generated more than $1.9 billion at the global box office, including more than $804 million across North American screens since its Dec. 15, 2021, release.

At the box office in the first quarter, Sony Pictures was led by Marvel Studios’ Morbius and Mark Wahlberg-starrer Father Stu, which generated a combined $189 million in ticket sales through June 30. Sony’s motion picture revenue topped $953 million, up 31% from $727 million in the prior-year period. In addition to home entertainment, the motion picture segment included revenue from theatrical ($116 million), television production ($151 million), streaming video licensing ($351 million) and “others” ($53 million).

Total studio operating income topped $394 million on revenue exceeding $2.6 billion. That compared with operating income of $232 million on revenue of $1.8 billion during the previous-year period.

Subscribe HERE to the FREE Media Play News Daily Newsletter!