Saturday, August 06, 2016
Warner Bros. Home Entertainment Offsets Soft Theatrical Results
Warner Bros. Home Entertainment Aug. 6 reported a near 27% increase in second-quarter (ended June 30) revenue to $563 million from home video and digital distribution of theatrical movies, compared with $444 million during the prior-year period. Through the first half of the year, the home entertainment studio has generated almost $1 billion ($945 million) in revenue selling movies, which is up 5% from a year ago.
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