DVD Movies Top Fox Fiscal Year 200624 Aug, 2006 By: Erik Gruenwedel
Worldwide 20th Century Fox Home Entertainment revenue in fiscal year 2006 (ended June 30) was driven by the releases of Fantastic Four, Walk the Line, Robots, Kingdom of Heaven, Hide & Seek, Star Wars: Episode III — Revenge of the Sith and Mr. & Mrs. Smith, according a new filing with the Securities and Exchange Commission. The home entertainment decreases were slightly offset by home entertainment revenue from TV DVD titles, including “Family Guy” and “24.” Home entertainment revenue generated from the sale and distribution of film and TV titles in fiscal 2006 was 76% and 24%, respectively, of total home entertainment revenue.
Filmed entertainment fiscal-year revenue topped almost $1.1 billion, compared to $1.05 billion last year.
Fox Home Entertainment released or re-released approximately 580 titles, including 31 new Fox films, approximately 362 catalog titles and approximately 187 television and nontheatrical titles. Internationally, the studio distributed, produced and acquired approximately 642 releases, including approximately 24 new Fox films, more than 495 catalog titles, and approximately 123 television and nontheatrical releases.
Fox distributed about 350 Metro-Goldwyn-Mayer (MGM) home entertainment theatrical, catalog and television programs internationally in fiscal 2006. Beginning Sept. 1, Fox commences with a new worldwide home video distribution arrangement with MGM, a unit of Sony Corp.