WarnerMedia Ups Q2 Home Entertainment, Games Revenue 15%

Spurred by an ongoing video game boom as well as an enduring digital and packaged media retail market for movies, WarnerMedia July 22 reported a 15% increase in second-quarter “games and other” revenue to $405 million from $351 million during the previous-year period.

Through six months of the current fiscal year, retail sales of games, movies and TV shows is up 5% to $754 million from $715 million in the previous-year period.

The top-selling game in June was Mortal Kombat 11 from Warner Bros. Interactive, according to The NPD Group.

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In home entertainment, Godzilla vs. Kong is the top-selling combined DVD/Blu-ray Disc release through June, according to NPD. Others include Tom & Jerry: The Movie at No. 3 and Batman: The Long Halloween, Part I at No. 7.

Warner Bros. titles have dominated market sales, accounting for 70% of the Top 10 selling titles in the U.K. — the world’s No. 2 home video market. DC Comic heroine Wonder Woman 1984 is the top-selling title across the pond through June 30 across all formats.

Tenet remains the top-selling catalog title on combined DVD/Blu-ray Disc with $10.5 million, with Harry Potter: The Complete Collection Years 1-7 adding $8 million in unit sales, and 1996 release Space Jam, starring Michael Jordan.

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