A week of relatively mundane new releases helped Fox's 'X-Men: Days of Future Past' and DreamWorks Animation's 'Mr. Peabody & Sherman' maintain the top two spots on the disc sales charts for a third consecutive time the week ended Nov. 2.
U.S. consumer home entertainment spending in the third quarter of 2014 was essentially flat with last year’s third quarter according to numbers released Nov. 5 by DEG: The Digital Entertainment Group, while Blu-ray Discs and DVDs remain the industry’s proverbial cash cow, at least in the sales end of the business.
Warner Home Video Nov. 5 reported third-quarter (ended Sept. 30) revenue of $390 million from packaged media and digital distribution of movies — up 5% from revenue of $371 million during the prior-year period. The results were not enough to offset Warner Bros. Studios from reporting a 23% ($70 million) decline in quarterly operating income to $237 million. The decline was attributed to the industry-wide soft summer box office and lower off-network (syndication) domestic license fees.