'Finding Nemo' Top in Video Sales for 200331 Dec, 2003 By: Editorial Staff
SANTA ANA, Calif.—Dec. 31, 2003—The video releases of Finding Nemo and Signs reigned at the top in home video sales and rentals, respectively, for 2003, in what was a banner year for DVD, according to Video Store Magazine market research.
Finding Nemo at the end of the year had sold 25.2 million units in both DVD and VHS cassette, outpacing the number two seller for 2003, The Lord of the Rings: The Two Towers, which had sold 17.4 million combined units by year’s end. Pirates of the Caribbean: Curse of the Black Pearl, Harry Potter and the Chamber of Secrets and the surprise hit My Big Fat Greek Wedding rounded out the top five best sellers for 2003.
“It really was a huge year for DVD,” said Judith McCourt, director of market research for Video Store Magazine. “In 2003 home video sales and rentals was about a $23 billion business in the U.S., and DVD is nearly three quarters of that.”
Meanwhile, consumers took home Signs from the rental store more than any other title in 2003. The sci-fi thriller racked up $86.6 million in rental revenue through 2003, followed closely by The Bourne Identity, with $85.4 million, according to Video Store Magazine market research. XXX, Anger Management and The Italian Job completed the top five renting titles for 2003.
DVD, the fastest growing consumer electronics technology ever, continued its rapid penetration into American culture, topping 50 million U.S. homes and including some 90 million installed units when factoring in all DVD playback devices including video game consoles and personal computers.
For more information contact Melinda Saccone, senior market research manager, (714) 513-8430, firstname.lastname@example.org.