Warner Posts Uptick in 2019 Home Entertainment, Video Game Revenue

Warner Bros. Jan. 29 said fourth-quarter (ended Dec. 31, 2019) revenue for video games and related home entertainment product increased 0.2% to $565 million, from $564 million in the previous-year period. For the fiscal year, revenue ballooned 84.6% to $2 billion, from $1 billion in 2018.

The studio consists of the production, distribution and licensing of television programming and feature films, the distribution of home entertainment products and the production and distribution of games.

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Top-selling home entertainment titles included Aquaman and Fantastic Beasts: The Crimes of Grindelwald. Indeed, Aquaman was the No. 2 selling disc in 2019 behind Disney/Marvel’s Avengers: Endgame, according to the VideoScan tracking service.

Television revenue in Q4 increased 8.5% to $1.98 billion, from $1.82 billion. For the year, revenue skyrocketed 75.8% to $6.4 billion, from $3.6 billion in 2018.

Despite the critical and box office success of Joker, quarterly theatrical revenue fell 24.7% to $1.6 billion from $2 billion. For the year, box office increased 49% to $5.9 billion from $4 billion in 2018.

 

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