Sony Ups Q3 Home Entertainment Revenue 17%

Sony Pictures Home Entertainment Feb. 2 reported third-quarter (ended Dec. 31, 2021) revenue of $174 million, which was a 17% increase from revenue of $149 million in the previous year period. Through three quarters, the studio has generated $442 million, which is down about 30% from revenue of $639 million a year earlier.

Home entertainment got a boost from the Dec. 14 packaged-media release of Venom: Let There Be Carnage, which followed the sequel’s Nov. 23 digital release. Catalog sales of the original Venom as well as select “Spider-Man” titles increased as well.

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Theatrically, Sony saw quarterly revenue skyrocket to $995 million, compared with just $14 million in the previous-year quarter when the studio shelved all of its major box office releases due to the pandemic.

Sony Pictures Television continues to be a prolific producer of original series for both linear and digital platforms. Streaming revenue alone increased 100% to $285 million, from $139 million a year earlier. The studio in Q3 produced season four of “Cobra Kai” for Netflix, season one of “Copy That” for YouTube, season two of “Crossing Swords” for Hulu, season one of “I Know What You Did Last Summer” and season one of “Wheel of Time” for Amazon Prime Video.

‘Venom: Let There Be Carnage’ Returns to Top Spot on Redbox Disc Rental Chart

Sony Pictures’ Venom: Let There Be Carnage returned to the top spot on the Redbox disc rental chart the week ended Jan. 9, and stayed No. 1 on the Redbox On Demand chart for a fourth week.

That pushed the top rental the previous two weeks, MGM’s No Time to Die, to No. 2 on the Redbox disc rental chart, which tracks DVD and Blu-ray Disc rentals at Redbox’s more than 40,000 red kiosks. It also fell to No. 3 on the Redbox On Demand chart, which tracks digital VOD and sellthrough transactions. The latest James Bond film is distributed on disc by Universal Pictures Home Entertainment.

No. 2 on the digital chart was was another Sony Pictures title, Ghostbusters: Afterlife. A sequel to the 1980s “Ghostbusters” films, Afterlife tells the story of a family that moves to Oklahoma and learns about their connection to an original Ghostbuster.

Disney-owned 20th Century Studios’ The Last Duel remained No. 3 on the disc chart but fell to No. 8 on the digital chart.

The No. 3 digital title was Paramount’s Clifford the Big Red Dog, an adaptation of the children’s book series about a little girl whose best friend is a giant red dog.

No. 4 on the Redbox disc rental chart and No. 9 on the digital chart was Lionsgate’s Dangerous, a thriller with Scott Eastwood as an ex-con who violates his parole to investigate how his brother died.

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No. 5 on the Redbox disc rental chart was again Disney-owned 20th Century Studios’ Free Guy, which was No. 6 on the digital chart.

The No. 5 digital title was Sing 2, an animated sequel from Universal Pictures Home Entertainment that become available for premium VOD rental Jan. 7.

Other newcomers to the disc rental chart include the Redbox-exclusive American Siege at No. 7, Decal’s Spencer at No. 8, and Lionsgate’s Zeroes and Ones at No. 10.

American Siege is a thriller with Bruce Willis about an ex-NYPD officer-turned-sheriff of a small rural Georgia town who must contend with a gang of thieves that have taken a wealthy doctor hostage.

Spencer, available at Redbox kiosks a week before its wide release date, is a fictionalized docudrama about the Christmas weekend in 1991 that Princess Diana (Kristen Stewart) decided to leave the British royal family.

Zeroes and Ones is a political thriller about a soldier played by Ethan Hawke racing to stop a terrorist bombing in Rome.

Top DVD and Blu-ray Disc Rentals, Redbox Kiosks, Week Ended Jan. 9:

  1. Venom: Let There Be Carnage — Sony Pictures
  2. No Time to Die — Universal/MGM
  3. The Last Duel — 20th Century
  4. Dangerous — Lionsgate
  5. Free Guy — Disney/20th Century
  6. Cry Macho — Warner
  7. American Siege — Redbox
  8. Spencer — Decal
  9. Jungle Cruise — Disney
  10. Zeroes and Ones — Lionsgate

 

Top Digital (VOD + Sellthrough), Redbox On Demand, Week Ended Jan. 9:

  1. Venom: Let There Be Carnage — Sony Pictures
  2. Ghostbusters: Afterlife — Sony Pictures
  3. Clifford the Big Red Dog — Paramount
  4. No Time to Die — MGM
  5. Sing 2 — Universal
  6. Free Guy — Disney/20th Century
  7. Antlers — Searchlight
  8. The Last Duel — Disney/20th Century
  9. Dangerous — Lionsgate
  10. F9: The Fast Saga — Universal

 

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‘No Time to Die,’ ‘Venom’ Continue to Hold Top Spots on Weekly Redbox Charts

MGM’s No Time to Die remained No. 1 on the Redbox disc rental chart the week ended Jan. 2, and stayed No. 2 on the Redbox On Demand chart during the week as well.

The latest James Bond actioner, distributed on disc by Universal Pictures Home Entertainment, is the fifth and final film to feature Daniel Craig as Agent 007 and earned $160.8 million at the domestic box office.

Sony Pictures’ Venom: Let There Be Carnage, stayed No. 2 on the disc rental chart, but maintained the top spot for a third week on the Redbox On Demand chart, which tracks digital VOD and sellthrough transactions.

Disney-owned 20th Century Studios’ The Last Duel remained No. 3 on the Redbox disc rental chart, which tracks DVD and Blu-ray Disc rentals at Redbox’s more than 40,000 red kiosks, and rose a spot to No. 5 on the digital chart. The drama from Ridley Scott tells the story of the last sanctioned duel in France in the 14th century.

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The No. 4 disc rental was once again Warner’s Cry Macho, meaning the top four remained the same from the previous week. The film was directed by and stars Clint Eastwood as an aging former rodeo star and washed-up horse breeder in 1979 who takes a job from an ex-boss (Dwight Yoakam) to bring the man’s young son home from Mexico. It was No. 10 on the digital chart.

No. 5 on the Redbox disc rental chart was Disney-owned 20th Century Studios’ Free Guy, which was No. 3 on the digital chart.

The No. 4 digital title was Universal’s Copshop, which was No. 10 on the disc rental chart.

Top DVD and Blu-ray Disc Rentals, Redbox Kiosks, Week Ended Jan. 2:

  1. No Time to Die — Universal/MGM
  2. Venom: Let There Be Carnage — Sony Pictures
  3. The Last Duel — 20th Century
  4. Cry Macho — Warner
  5. Free Guy — Disney/20th Century
  6. Dangerous — Lionsgate
  7. Jungle Cruise — Disney
  8. Shang-Chi and the Legend of the Ten Rings — Disney/Marvel
  9. Fortress — Lionsgate
  10. Copshop — Universal

 

Top Digital (VOD + Sellthrough), Redbox On Demand, Week Ended Jan. 2:

  1. Venom: Let There Be Carnage — Sony Pictures
  2. No Time to Die — MGM
  3. Free Guy — Disney/20th Century
  4. Copshop — Universal
  5. The Last Duel — Disney/20th Century
  6. Old — Universal
  7. Dangerous — Lionsgate
  8. F9: The Fast Saga — Universal
  9. 13 Minutes — Quiver
  10. Cry Macho — Warner

 

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‘Venom: Let There Be Carnage’ Debuts Atop Disc Sales Charts

Sony Pictures Home Entertainment’s Venom: Let There Be Carnage easily topped the NPD VideoScan First Alert chart, which tracks combined DVD and Blu-ray Disc unit sales, and the dedicated Blu-ray Disc sales chart the week ended Dec. 18.

The film, based on the character from Marvel’s Spider-Man comics, an alien symbiote who possesses a photographer named Eddie Brock (Tom Hardy), earned $212.5 million at the domestic box office. The sequel to 2018’s Venom finds Eddie and Venom battling a death row killer (Woody Harrelson) who becomes possessed by a symbiote named Carnage.

A collection of both “Venom” movies landed at No. 13 overall and No. 5 on the Blu-ray chart. Blu-ray Disc formats accounted for 68% of total Venom: Let There Be Carnage sales, with 22% from the 4K Ultra HD edition and 46% from the regular Blu-ray. The breakdown on the 2-movie set, which was not released with a 4K variant, was 66% Blu-ray, 34% DVD.

Venom: Let There Be Carnage sold nearly six times as many copies as the week’s No. 2 title, Universal Pictures’ live-action How the Grinch Stole Christmas from 21 years ago, starring Jim Carrey as the title curmudgeon. The catalog film no doubt got a boost in the lead-up to the Christmas holiday, it had only 7% of its total sales come from Blu-ray Disc so it did not crack the top 25 of that chart.

Similarly, Universal’s 2018 animated The Grinch, with Benedict Cumberbatch voicing the Dr. Seuss character, landed at No. 3 on the overall disc sales chart, and No. 6 on the Blu-ray chart.

Another holiday season favorite, Warner’s Elf, the Will Ferrell comedy from 2003, was No. 4 on the overall disc chart, and No. 14 on the Blu-ray chart.

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The top seller the previous two weeks, Disney-owned Marvel Studios’ Shang-Chi and the Legend of the Ten Rings, slipped to No. 5 on the overall chart and No. 2 on the Blu-ray chart.

The No. 3 Blu-ray seller (No. 16 on the overall chart) was Warner’s James Gunn-directed comic book adaptation The Suicide Squad, which may be getting a bit of a boost of late as a heavily marketed spinoff series, “The Peacemaker” starring John Cena, debuts on HBO Max Jan. 13.

The No. 4 Blu-ray Disc seller, No. 9 on the overall chart, was Disney’s Jungle Cruise.

The only other newcomer on either chart was director Ridley Scott’s The Last Duel, a historical drama that earned $10.9 million at the domestic box office. Released by Disney-owned 20th Century Studios, it was No. 10 on the Blu-ray Disc chart and No. 22 on the overall disc sales chart.

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The Media Play News rental chart for the week ended Dec. 19 had Venom: Let There Be Carnage at No. 1, with the newly released Lionsgate-released actioner Dangerous at No. 2.

Clint Eastwood’s Cry Macho slipped a spot to No. 3, while the previous week’s top rental, Shang-Chi, fell to No. 4. Rounding out the top five was the Universal Pictures thriller Copshop, down two spots from a week before.

Top 20 Sellers for Week Ended 12-18-21
Top 20 Rentals for Week Ended 12-19-21
Top 20 Selling Blu-ray Discs for Week Ended 12-18-21
Top 20 Blu-ray Market Share for Week Ended 12-18-21
Sales Report for Week Ended 12-18-21
Digital Transactions Snapshot for Week Ended 12-20-21


 

Vudu Offering Gift Cards, Preorder Deal on ‘Venom: Let There Be Carnage’

Vudu has a deal for customers who preorder Venom: Let There Be Carnage, arriving Nov. 23 for digital purchase at $19.99.

Those who preorder the movie on the service by Nov. 22 get a $3 Vudu promo code to use toward additional movies. Details are here. 

Vudu is also offering a line of “Venom”-themed gift cards to gift the movie to friends and family.

The Marvel Comics-based superhero film, available in SD, HDX and 4K Ultra HD on Vudu, stars Tom Hardy, Michelle Williams, Naomie Harris and Woody Harrelson. In the film, Eddie Brock (Hardy) interviews serial killer Cletus Kasady (Harrelson), who becomes the host of the symbiote Carnage.

Vudu’s YouTube channel features an exclusive clip of Hardy’s Eddie Brock and his alien symbiote Venom talking about their unique friendship on the beach.

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JustWatch: ‘Venom,’ ‘Squid Game’ Dominate Weekly Streaming

The box office success of Venom: Let There Be Carnage has helped rejuvenate consumer interest in the original 2018 Sony Pictures sci-fi actioner starring Tom Hardy.

New weekly data from JustWatch found that the original Venom movie, along with Netflix’s South Korean original series “Squid Game,” were the two most-streamed programs for the week ended Oct. 3. The company’s international streaming guide tracks more than 20 million users per month across 54 countries.

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Notably, sequel Venom: Let There Be Carnage ranked No. 6, suggesting Sony made the movie available on digital platforms in select overseas markets. The movie is not yet available to stream in the U.S. as Sony does not operate a proprietary streaming platform.

However, MGM made new release The Addams Family 2 available for $19.99 premium VOD access, a move that placed the sequel No. 3 on the JustWatch list — while still generating $18 million at the domestic box office.

 

JustWatch: ‘Ted Lasso,’ ‘Venom’ Top Weekly Streamed Series, Movie

Apple may claim its branded subscription streaming service, Apple TV+, has less than 20 million subscribers, but that’s a big enough group to help drive the streamer’s original series “Ted Lasso” back atop JustWatch’s weekly chart of the most-streamed content.

Based on viewing habits of 20 million users per month across 54 countries, the international content guide said the comedy series in the week ended Sept. 26 topped the Netflix supernatural horror show “Midnight Mass” as well as the Hulu comedy “Only Murders in the Building.” “Ted Lasso” is about an American football coach (Jason Sudeikis) who gets recruited to coach a British professional soccer team.

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Among most-streamed movies, Sony Pictures’ 2018 action sci-fi adventure Venom ranked No. 1 as streamers apparently prepare for the sequel Venom: Let There Be Carnage, which will debut in theaters on Oct. 11. The movie was followed on the podium by Universal Pictures sequels Candyman and Halloween — the latter ahead of the Oct. 15 theatrical (and Peacock) debut of Halloween Kills.

 

 

CEO: Sony Pictures Won’t Be in the ‘Day-and-Date Release Business’

With no proprietary streaming video platform to leverage, Tony Vinciquerra, CEO of Sony Pictures Entertainment, isn’t willing to join Hollywood studios writing the obit for the traditional theatrical window in exchange for expedited direct-to-consumer access in the home.

In an interview with CNBC’s Julia Boorstin, Vinciquerra said the economics surrounding big-budget motion pictures mandate an exclusive theatrical release. That thinking would appear at odds with Warner Bros., which is releasing its entire 2021 theatrical film slate concurrently with SVOD access on HBO Max, beginning with Wonder Woman 1984 on Christmas Day.

Sony Pictures CEO Tony Vinciquerra

“We think the [theatrical] window will become more flexible, which we think is a good thing for our films,” Vinciquerra said, adding that he believes 30 days is the best window to amortize the studio’s marketing over both theatrical and home entertainment windows. “Some films will do better with a shorter window, some will do better with a much longer window. We think that’s the way to go.”

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Indeed, the executive said that when action adventure sci-fi movie Venom was released theatrically on Oct. 3, 2018, the studio was quick to negotiate a shorter box office since it wanted the Tom Hardy-starrer into home entertainment channels by the winter holidays. The title, which generated $856 million at the global box office, was released on DVD and Blu-ray Disc Dec. 18 — generating $60 million in packaged-media revenue.

The reverse strategy was deployed in 2019 for the Jumanji: The Next Level, which Sony kept in theaters for more than four months following its Dec. 4 debut — generating $800 million in global box office ($45.5 million in disc sales).

“The first Jumanji went in theaters forever,” Vinciquerra said.  “We backed up the window. It depends on the film.”

When asked how much Sony theatrical movies would “suffer” in 2021 facing increased home entertainment competition from PVOD and transactional VOD via Warner Bros., Disney and Universal Pictures, among others, in the midst of a pandemic, the CEO wasn’t concerned.

“We don’t think we will suffer, once theaters are open and they have a significant number of their seats to sell. We think will be fine,” Vinciquerra said, adding that the studio had no plans to enter the “day-and-date release business”.

The executive contends that with the current backlog of theatrical titles, when released at the box office the onslaught of content — in addition to a vaccine — will jumpstart moviegoers.

Vinciquerra said its recent animation fantasy release, Demon Slayer the Movie: Mugen Train, is the top-performing box office title ever released in Japan. He said the Chinese box office has rebounded as well.

“Once people feel comfortable to go to theaters, the safety protocols appear to be strong, and the vaccine is in the marketplace, we think theaters will be back [in April or May 2021],” he said. “We’re pretty optimistic.”

Vinciquerra dismissed reports of Wonder Woman 1984‘s weak opening box office last weekend in China as more to do with reviews of the movie than the state of the exhibition business.

He said Warner’s decision to release movies through Max has made it easier for Sony to book theatrical dates in 2021 — and generate interest from actors, creators and directors eager for the box office experience and its impact financially and culturally.

“It’s been a bit of boon for us,” he said. “That actually worked very well for us.”

Sony Pictures Home Entertainment Tops $1 Billion Fiscal-Year 2019 Revenue

Sony Pictures Hone Entertainment April 26 reported fourth-quarter (ended March 31) fiscal-year 2019 revenue of $300 million, up about 3.4% from revenue of $290 million during the previous-year period.

The studio topped $1 billion in revenue for the fiscal year — up 3.1% from revenue of $982 million in fiscal year 2018.

Top retail releases in the fiscal year included Peter Rabbit, Hotel Transylvania 3: Summer Vacation, The Equalizer 2, Venom and Spider-Man: Into the Spider-Verse.

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 Venom ranks the sixth-bestselling combined DVD/Blu-ray Disc title in 2019 with $13.1 million in revenue and 657,000 units sold, according to The-Numbers.com. The Tom Hardy-starrer generated more than $37.6 million in 2018 on 1.7 million discs.

The Equalizer 2 ranks 21st with $4.5 million in revenue and 256,000 units sold. The title, starring Denzel Washington, generated $16.3 million in revenue last year on 855,000 discs sold.

Peter Rabbit generated $18.4 million on 1 million discs sold in 2018. Hotel Transylvania 3: Summer Vacation sold $37 million worth of discs (2 million).

Spider-Man: Into the Spider-Verse was only released into retail channels on March 19.

Top 2018 release — Jumanji: Welcome to the Jungle — sold more than $65 million in combined DVD/Blu-ray Disc unit sales.

Current quarter SPHE releases include A Dog’s Way Home, Holmes & Watson, Escape Room, Miss Bala and Never Look Away.

 

‘Halloween’ Tops Disc Sales for January 2019

Universal Pictures’ sequel to/reboot of the horror classic Halloween was No. 1 on the top 10 list of combined DVD and Blu-ray Disc unit sales for January 2019 according to the NPD Group’s VideoScan tracking service.

Halloween debuted on disc on Jan. 15 and was the top seller its first week in stores.

Sony Pictures’ Venom, the top seller in December and the first two weeks of January, was No. 2 for the overall month of January.

Sony’s Goosebumps 2 landed at No. 3 for the month. It debuted the same week as Halloween.

Disney’s The Nutcracker and the Four Realms, which landed on disc Jan. 29, managed to take the month’s No. 4 spot despite having just a couple days to qualify.

No. 5 for the month went to Universal’s First Man, a Jan. 22 release that was the top seller in its first week.

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Universal had four titles in the month’s top 10, with the Jan. 1 release Night School taking No. 6, and The House With a Clock in Its Walls slipping to No. 9, having debuted in the sixth spot in December.

According to NPD, the January 2019 top 10 by units sold were:

  1. Halloween (2018) (Universal)
  2. Venom (Sony Pictures)
  3. Goosebumps 2 (Sony Pictures)
  4. The Nutcracker and the Four Realms (Disney)
  5. First Man (Universal)
  6. Night School (Universal)
  7. Smallfoot (Warner)
  8. Hunter Killer (Lionsgate)
  9. The House With a Clock in Its Walls (Universal)
  10. The Predator (Fox)

 

‘Avengers: Infinity War’ Tops 2018 Disc Sales; ‘Venom’ Leads in December