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'Deadpool' Disc Sales Help Fox Double Q1 Operating Profit

2 Nov, 2016 By: Erik Gruenwedel

Packaged-media and digital sales of Deadpool contributed to 20th Century Fox Studios reporting first-quarter (ended Sept. 30) operating income of $311 million, up nearly 109% from operating income of $149 million during the previous-year period.

Revenue for the studio, which includes 20th Century Fox Home Entertainment, topped $1.9 billion, up nearly 7% from revenue of $1.78 billion last year.

Released to retail channels May 10, Deadpool, starring Ryan Reynolds as a fictional antihero with a warped sense of humor, has generated $80.4 million from the sales of more than 4.5 million DVD/Blu-ray Disc units — to rank as the No. 2 selling title in 2016 thus far, according to The-Numbers.com.

Other Q1 contributors included global box office revenue for Independence Day: Resurgence ($390 million) and higher contributions from the television production business led by the subscription video-on-demand licensing of “Homeland” to Hulu — which Fox manages and co-owns with The Walt Disney Co., NBC Universal and Time Warner. 

Independence Day: Resurgence was released at retail Oct. 18 and ranked No. 1 on the NPD VideoScan First Alert sales chart, which tracks combined DVD and Blu-ray Disc unit sales, its first two weeks in stores.

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