Total domestic consumer spending on home entertainment in the first quarter (ended March 31) reached $4.7 billion, a 2% increase compared with the previous-year period, according to data from DEG: The Digital Entertainment Group.
Home entertainment continues to exhibit resilience in a streaming market as evidenced by Paramount Home Media Distribution reporting a 29% second-quarter (ended March 31) revenue increase to $198 million. The distributor generated $153 million in revenue during the previous-year period.
Epix, the multiplatform TV network to be majority owned by Metro-Goldwyn-Mayer, May 4 announced the launch of “Epix Cast,” an app that enables users to stream Epix content from their mobile devices to connected televisions.
Director Michael Mann discussed his 1995 film ‘Heat’ at a Q&A following a screening May 2 at the Regency Village Theater in Westwood, Calif., hosted by 20th Century Fox Home Entertainment to promote a new edition of the film on Blu-ray.
