<I>Spider-Man</I> Scales the Charts to Top Rental and Sales Spot14 Nov, 2002 By: Melinda Saccone
Columbia TriStar Home Entertainment's Spider-Man continued to scale the charts, remaining in the top spot on sales and rental charts for the week ended Nov. 10.
According to Nielsen VideoScan First Alert data, Spider-Man continued to rule at the sales counter, taking top honors on both the DVD and VHS sales charts.
Spidey earned an additional $16.7 million at the rental counter in its first complete week of release to retain its spot as the top rental for the week. In just nine days of release, Spider-Man has earned $32.3 million in disc and cassette rental revenue.
Weekly consumer rental spending dipped 2.1 percent from the previous week, to $157.6 million, and fell 14 percent from the comparable week in 2001. DVD rentals accounted for 44 percent of the weekly take, up from 21 percent during the comparable week last year. DVD rentals registered $69.4 million for the week, up 80.2 percent from the comparable week last year.
A light slate of new releases in the rental pipeline bore only one title debuting among the top 10 rentals for the week. Warner Home Video's Divine Secrets of the Ya-Ya Sisterhood debuted in the No. 4 spot, earning $7.32 million in its first five days of release. The title also scored well with consumers at the sales counter, taking the No. 2 spot in both disc and cassette sales for the week.
Paramount Home Entertainment's The Sum of All Fears held onto the No. 2 rental spot for the second consecutive week, earning an additional $10.74 million and bringing its cumulative take to $22.1 million in just two weeks of release.
Year-to-date rental spending stands at $7.53 billion, down 10.7 percent from the $8.4 billion spent during the comparable period last year. VHS rentals continue to decline, while DVD rentals continue to gain ground, but not enough to offset the cassette rental drop. Year-to-date cassette rental spending is down 32 percent from the comparable period in 2001, while year-to-date disc rentals have posted a 123.3 percent gain.