<I>Road to Perdition</I> Travels to Top of Week's Rental, DVD Charts6 Mar, 2003 By: Melinda Saccone
DreamWorks Home Entertainment's Road to Perdition topped both the rental and DVD sales charts for the week ended March 2.
Road to Perdition, which earned Paul Newman a best supporting actor Oscar nomination, outsold HBO Video's My Big Fat Greek Wedding by a margin of 2.56-to-1 on disc for the week ended March 2, according to Nielsen VideoScan First Alert data. But Greek Wedding continued to sell big on both VHS and DVD, placing second in cassette and disc sales for the week (Perdition was priced for rental on VHS). Greek Wedding is the biggest-selling title so far this year on both cassette and disc.
Other top sellers for the week were DreamWorks' The Tuxedo (No. 3 DVD) and Buena Vista Home Entertainment's Tuck Everlasting, which debuted at No. 3 on VHS and No. 8 on DVD (it was priced for sellthrough on both VHS and DVD).
Top renter Perdition earned $11.69 million in combined VHS and DVD rental revenue in its first five days of release.
Weekly consumer spending at the rental counter posted slight losses from the previous week and, for the first time since the beginning of the year, posted a loss from the comparable week last year. Consumers spent $185.3 million on disc and cassette rentals for the week, down 7 percent from the previous week and off 3 percent from the $190.9 million spent in the ninth week of 2002.
Year-to-date spending stands at $1.83 billion, up 10.1 percent from the comparable nine-week period last year.
So far this year, consumers have spent $923.3 million renting DVDs, up 139.4 percent from the $385.7 million spent during the comparable period last year.
Meanwhile, year-to-date spending on cassette rentals is down 28.9 percent from the comparable nine-week period in 2002. So far this year, consumers have spent $910.9 million on VHS rentals compared to $1.28 billion spent during the comparable period last year.