MGM Studios Ups Q3 Home Entertainment Revenue 30%

MGM Studios Nov. 15 reported third-quarter (ended Sept. 30) home entertainment revenue of $21.8 million, which was up 30% from revenue of $16.9 million during the previous-year period.

The studio attributed the increase to digital sales of Tomb Raider and ongoing domestic home entertainment distribution of Death Wish and Every Day, plus continued distribution of library content.

Indeed, the Tomb Raider prequel rebootwith Alicia Vikander reprising Angelina Jolie’s Lara Croft character, has generated $12.6 million in combined DVD/Blu-ray Disc units sales since its June 12 release by Warner Bros. Home Entertainment, according to The-Numbers.com. The film is the 28th best-selling disc in 2018.

Death Wish, starring Bruce Willis in a remake of the classic 1973 revenge thriller that starred the late Charles Bronson, has sold $7.4 million in disc sales since its June 5 retail street date.

Home entertainment revenue for the prior-year’s quarter primarily included distribution of The Belko Experiment, The Magnificent Seven and library content.

In television programming, home entertainment and related revenue was $7.9 million, which was largely in line with $8 million in revenue last year. Revenue in each period was primarily driven by the strong retail performance of The Handmaid’s Tale (seasons 1 and 2).

The latter doesn’t include disc sales of season 2, which isn’t available until Dec. 4 from MGM Studios Home Entertainment.

Through nine months of the fiscal year, home entertainment movie revenue is up 16% to $78.1 million from $67.5 million last year. Revenue drivers included previously mentioned movie titles, in addition to ongoing revenue from Spectre, The Hobbit trilogy and additional library content.

Television program home entertainment revenue increased 26% to $26.9 million from $21.3 million last year – again driven by The Handmaid’s Tale.

MGM Studios Home Entertainment Revenue No ‘Death Wish’

Home entertainment sales of movies and TV shows has come back strong for MGM Studios.

The venerable studio Aug. 14 said second-quarter (ended June 30) global home entertainment revenue for film content topped $37.1 million, an increase of $18.2 million, or 97%, as compared to $18.9 million in revenue for the previous-year period.

Primary (physical and digital) drivers included the domestic home entertainment reboots of Death Wish, starring Bruce Willis, and Tomb Raider, featuring Alicia Vikander, plus ongoing distribution of library content. By comparison, home entertainment revenue for the prior-year quarter included distribution of Spectre, The Hobbit trilogy and other library content.

Home entertainment and other revenue for television content reached $8.5 million, up $3.8 million, or 79%, as compared to $4.7 million last year. The increase was primarily driven by the continued strong home entertainment performance of “The Handmaid’s Tale.”

Through the first six month of the year, worldwide home entertainment revenue for film content reached $56.3 million, an increase of $5.6 million, or 11%, as compared to $50.7 million for the six months ended June 30, 2017.

Home entertainment and other revenue for TV content was $19 million for the six months, an increase of $5.7 million, or 43%, as compared to $13.3 million last year.

‘Blockers’ Tops at Redbox; ‘Acrimony,’ from Tyler Perry, Still Going Strong

Universal Pictures’ Blockers, a comedy about a trio of parents who try to stop their daughters from losing their virginity on prom night, debuted at No. 1 on both Redbox charts the week ended July 9.

The film, which earned just under $60 million in U.S. theaters, topped both Redbox’s kiosk rental chart, which tracks DVD and Blu-ray Disc rentals, and the Redbox On Demand chart, which tracks digital purchases and rentals.

The film stars Leslie Mann, Ike Barinholtz, and John Cena as the parents and Kathryn Newton, Geraldine Viswanathan, and Gideon Adlon as the daughters.

Still going strong on both charts: Tyler Perry’s Acrimony, from Lionsgate, which was No. 3 on the kiosk chart and No. 2 on the Redbox on Demand chart. A week earlier, the film debuted at No. 1 on the Redbox On Demand digital chart and No. 2 on the kiosk disc rental chart.

The Tomb Raider reboot, from Warner Bros., slipped to No. 2 on the disc rental chart and No. 3 on the digital chart.

Rounding out the top five on the disc rental chart were Lionsgate’s made-for-video sequel Escape Plan 2 at No. 4 and Universal Pictures’ Pacific Rim: Uprising at No. 5.

On the digital chart, Warner’s Game Night was No. 4 and Pacific Rim: Uprising finished the week at No. 5.

 

Top DVD and Blu-ray Disc Rentals, Redbox Kiosks, Week Ending July 9

  1. Blockers (new)
  2. Tomb Raider (2018)
  3. Tyler Perry’s Acrimony (new)
  4. Escape Plan 2 – Double Feature
  5. Pacific Rim: Uprising
  6. I Can Only Imagine
  7. Game Night
  8. Sherlock Gnomes
  9. Death Wish (2018)
  10. Beirut

 

Top Digital, Redbox On Demand, Week Ending July 9

  1. Blockers (new)
  2. Tyler Perry’s Acrimony
  3. Tomb Raider (2018)
  4. Game Night
  5. Pacific Rim: Uprising
  6. I Can Only Imagine
  7. Death Wish (2018)
  8. Sicario
  9. Red Sparrow
  10. The Greatest Showman

 

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‘I Can Only Imagine’ Earns Top Spot on Home Video Charts

The faith-based I Can Only Imagine, distributed by Lionsgate, debuted at No. 1 on the NPD VideoScan First Alert sales chart, which tracks combined DVD and Blu-ray Disc unit sales, and the dedicated Blu-ray Disc sales chart the week ended June 16.

The Christian film, which tells the story of the MercyMe song of the same name, proved to be a surprise box office hit, taking in more than $83 million at U.S. theaters compared with a reported budget of $7 million.

At No. 2 on both charts was another newcomer, Warner’s Tomb Raider reboot, which sold 58% as many copies as the top title overall and 83% as many Blu-rays. It earned just $57.4 million at the domestic box office.

Dropping a slot to No. 3 on both charts in its fifth week was Disney’s Black Panther.

Paramount’s animated Sherlock Gnomes debuted at No. 4 overall and No. 5 on the Blu-ray chart.

The previous week’s top title, Disney’s A Wrinkle in Time, dropped to No. 5 overall and No. 4 on the Blu-ray chart.

The only other newcomers in the top 20 were 20th Century Fox’s Love, Simon, at No. 6 on both charts, and Universal Pictures’ horror sequel The Strangers: Prey at Night, which was No. 18 overall and No. 19 on the Blu-ray chart.

Blu-ray Disc accounted for 40% of I Can Only Imagine unit sales, compared with 57% for Tomb Raider, 50% for Sherlock Gnomes, 56% for Love, Simon and 59% for The Strangers: Prey at Night. Ultra HD Blu-ray comprised 11% of Tomb Raider‘s first-week sales and 5% for Love, Simon.

The Media Play News rental chart for the week ended June 17 also saw I Can Only Imagine debut at No. 1, with Fox’s Death Wish remake, the previous week’s top title, dropping to No. 2.

Sherlock Gnomes debuted at No. 3, while Wrinkle in Time rose to No. 4 and Warner’s Game Night slid to No. 5.

The Strangers: Prey at Night debuted as the No. 6 rental.

Top 20 Sellers for Week Ended 06-16-18
Top 20 Rentals for Week Ended 06-17-18
Top 20 Selling Blu-ray Discs for Week Ended 06-16-18
Top 20 Blu-ray Market Share for Week Ended 06-16-18
Sales Report for Week Ended 06-16-18
Digital Sales Snapshot for Week Ended 06-18-18

Warner’s ‘Tomb Raider’ Heading to Home Video

Warner Bros. Home Entertainment will release Tomb Raider digitally May 29, and on Blu-ray, DVD, 3D Blu-ray and 4K Ultra HD Blu-ray June 12.

The latest adaptation of the popular video game franchise stars Alicia Vikander as the famous adventure-seeking heroine, who sets out to forge her own path as she investigates her father’s disappearance. The cast also includes Dominic West, Walton Goggins, Daniel Wu and Kristin Scott Thomas.

The film, which was directed by Roar Uthaug, earned $56.9 million at the domestic box office and $271.7 million worldwide.

The Blu-ray and DVD releases will include the making-of featurette “Tomb Raider: Uncovered.”

The Blu-ray versions will also include three additional featurettes: “Croft Training,” about Vikander’s physical preparation for the role; “Breaking Down the Rapids,” a dissection of an action scene with the filmmakers; and “Lara Croft: Evolution of an Icon,” about the history of the character.

The 4K and 3D discs will feature a Dolby Atmos soundtrack remixed specifically for the home theater environment. The 4K Blu-ray will also feature Dolby Vision HDR.