Universal Loves 'Lucy'4 May, 2015 By: Erik Gruenwedel
Studio ups revenue, income led by Scarlett Johansson thriller 'Lucy'
Universal Pictures Home Entertainment helped increase Universal Studios first-quarter (ended March 31) operating income 1.7% to $293 million, from $288 million during the prior-year period.
Top-selling home entertainment releases included thriller Lucy with Scarlett Johansson, which has sold $24.3 million in discs, including $12.4 million in Blu-ray since its Jan. 20 release; Dumb and Dumber To, which has sold $11.9 million in discs, including $7.2 million on DVD since its Feb. 17 release; and Dracula Untold, which has sold $16.1 million on disc, including $8.9 million on DVD since its Feb. 3 release, according to The-Numbers.com.
The studio’s bottom line was impacted by lower theatrical revenue and increased marketing expenses ahead of the April 3 release of Furious 7. The latest installment in the action franchise has generated more than $1.4 billion at the global box office, including $330 million domestically.
The movie hasn’t yet been released into home entertainment channels.
Total Universal Studios revenue increased 7% to $1.4 billion.