Analyst: Entertainment Industry Continues to Hold Steady
The following is an excerpt from a report compiled by Michael Pachter of Wedbush Securities.
Movie Rental Industry
Key Redbox releases this year (with domestic box office total from BoxOfficeMojo.com):
- June 17: Three Days to Kill ($31 million)
- June 24: Endless Love ($23 million)
Key Redbox releases last year (with domestic box office total from BoxOfficeMojo.com):
- June 18: Beautiful Creatures ($19 million), Quartet ($18 million), The Last Exorcism Part II ($15 million)
- June 25: The Call ($52 million)
Over the next two weeks, there are three rental releases that grossed more than $50 million in domestic box office, compared to three last year. DVD rentals for the upcoming two-week period are likely to be flat with the same period last year.