Ice Age: Dawn of the Dinosaurs, from 20th Century Fox Home Entertainment, debuted at No. 1 on both the national home video sales and rental charts for the week ended Nov. 1.
Hollywood continued to buck ongoing recessionary trends as News Corp.’s filmed-entertainment division reported its highest-ever first-quarter (ended Sept. 30) operating income.
Time Warner’s filmed entertainment division, which includes Warner Bros. Pictures and Warner Home Video, is the second studio this week to report an upturn in profitability despite the recession.
A majority of consumers plan on spending the same amount on traditional entertainment this holiday season compared to 2008, according to The NPD Group.
Comcast Corp., the nation’s largest cable operator, Nov. 4 said Hollywood studios are increasingly warming to the idea of releasing new movies on video-on-demand at the same time of retail sellthrough.
