November 9, 2021
Universal Pictures Home Entertainment reported third-quarter revenue of $273 million from the sale of physical and digital media — thus far topping all studios that have reported data specific to retail sales. (Disney releases financial results on Nov. 10.)
With a dearth of major new releases due to the pandemic, the home entertainment retail market in the three-month period that ended Sept. 30 continued to be driven by a collection of catalog titles mixed with some new releases.
In addition to F9: The Fast Saga (which streeted in late September), top-selling Universal titles in the quarter included Nobody, The Boss Baby: Family Business and The Croods: A New Age.
Lionsgate, led by Hitman’s Wife’s Bodyguard, generated home entertainment revenue of $161 million, which included $31 million from the sales of DVD/Blu-ray Disc and digital retail. Sony Pictures Home Entertainment realized physical and digital retail revenue of $130 million — driven by the original Venom, Peter Rabbit 2, Spider-Man: Far From Home and The Unholy.
Neither Warner Bros. Pictures or Paramount Pictures breaks out home entertainment sales, preferring to include the category with the licensing of movies, TV shows and video games — largely to streaming services.
Paramount, which generated $513 million in licensing revenue, saw retail sales led by A Quiet Place: Part II. Warner generated $403 million in licensing revenue, led by Godzilla vs. Kong, The Conjuring: The Devil Made Me Do It, Mortal Kombat, and Rick and Morty: Season Five.