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Posted by Allan on 10/06/81 11:44
http://www.animationmagazine.net/article.php?article_id=5258
DVD Sales Join CD SalesHeading South
Thursday, April 06, 2006
By: Chris Grove
Has the DVD market finally reached the saturation point? One of the
most successful consumer products in modern history, home video sales
fell the first quarter of 2006 4.3% and video rentals sagged 4.4%,
according to a report in The Hollywood Reporter.
Thats a stat thats being obscured somewhat by the big recent debut
of Disneys The Chronicles of Narnia: The Lion, the Witch and the
Wardrobe DVD which sold 4 million units on Tuesday, its first day in
the store. Brokeback Mountain sold 1.4 million its first day, a strong
number for a drama.
In addition to softening demand (and perhaps because of it) the
numbers of DVD releases in the first quarter of 2006 were down 14%
from the same period last year. This is the first year the new release
schedule has tightened since the DVD format was introduced in spring
1997.
Meanwhile, the latest (and, were sure, not the last) iteration of
King Kong had a big week last week in DVD sales and rentals. The Peter
Jackson film sold 6.5 million units the week ending April 2nd. Memoirs
of a Geisha pulled up a distant second with about 1.25 million units.
For all of Kongs romantic élan, Geisha maybe the perfect date-night
rental. With a reported $5.9 million in rental revenues, the film
trailed Kong rentals by just half-a-million dollars. The leader the
week before, Chicken Little dropped to third place.
"Arguing with anonymous strangers on the Internet is a sucker's game
because they almost always turn out to be -- or to be indistinguishable from
-- self-righteous sixteen-year-olds possessing infinite amounts of free time."
- Neil Stephenson, _Cryptonomicon_
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