Analyst: Netflix Continues to Execute Well; Amazon Adds Content to Prime
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 Box Office Mojo):
- July 1: Lone Survivor ($125 million), Son of God ($60 million)
- July 8: Non-Stop ($92 million)
Key Redbox releases last year (with domestic box office total from Box Office Mojo):
- July 2: Identity Thief ($135 million), A Good Day to Die Hard ($67 million)
- July 9: Confessions of a Marriage Counselor ($52 million), The Host ($27 million), Dead Man Down ($11 million)
Over the next two weeks, there are four rental releases that grossed more than $50 million in domestic box office compared to two last year. DVD rentals for the upcoming two-week period are likely to outperform the same period last year.