Universal Touts Strong Fourth Quarter Lineup With $1 Billion in Sales19 Dec, 2001 By: Enrique Rivero
It seems the public just can't get enough of Universal Studios Home Video's product. Consumers have snapped up more than 60 million units of five recently released titles, amounting to more than $1 billion during the fourth quarter alone, the supplier reports.
Of those, more than 20 million units sold through to consumers on DVD.
The five top selling titles are Dr. Seuss's How the Grinch Stole Christmas, The Mummy Returns, Jurassic Park III, The Land Before Time: The Big Freeze, and DreamWork Home Entertainment's Shrek.
"This is a remarkable achievement in what has been considered the most fiercely competitive fourth quarter in our industry's history," says Craig Kornblau, Universal Studios Home Video's president.
Indeed, Jurassic Park III and its predecessors--Jurassic Park and The Lost World: Jurassic Park--together have sold 6.5 million units on DVD, making it the most successful franchise in the format, according to Universal. And the kidvid The Land Before Time: The Big Freeze in its first week on store shelves was outpacing combined DVD and VHS sales of it own ancestor, The Land Before Time: The Stone of Cold Fire, the studio says.