×

Lionsgate Reports Strong DVD Sales of Final ‘Twilight’ Movie

Studio has sold 3.85 million DVD and Blu-ray units

Showing continued strength of the “Twilight” franchise, Lionsgate has sold an estimated 3.85 million DVD and Blu-ray units of its fifth and final “Twilight” film in its first weekend of release — an increase over the fourth film.

The studio said Blu-ray sales accounted for 27% of weekend sales of “The Twilight Saga: Breaking Dawn — Part 2,” up from 22% of the first weekend sales of “Breaking Dawn — Part 1.”

Lionsgate also said the film recorded approximately 20% more electronic sell through transactions than “Breaking Dawn — Part 1,” which it called “early indications of a robust VOD performance as well.”

Lionsgate’s Ron Schwarts, exec VP and general manager of home entertainment, said in a statement:  “Consumer demand for ‘The Twilight Saga: Breaking Dawn — Part 2″ reflects strength in all segments of the home entertainment marketplace – packaged media, digital and on demand.  This is further proof that author Stephenie Meyer has created a timeless classic that moviegoers want to enjoy over and over in a wide variety of formats.”

The launch included midnight retail events at more than 3,000 stores across the country. The fifth film has grossed $829 million at the worldwide box office, bringing the five films worldwide gross to more than $3.3 billion.

Wall Street has remained bullish on Lionsgate as shares set another all-time high Monday. The issue edged down 6 cents  Tuesday to $22.06. The stock has reached more than a dozen record high closes this year.

The DVD release of “The Twilight Saga: Breaking Dawn – Part 2” caps a franchise that’s generated sales of 50 million DVD and Blu-ray copies for the first four films. The stock is now trading at nearly triple the price of $8.60 a share in January, 2012 when Lionsgate bought Summit Entertainment — originator of the “Twilight” franchise — for $412.5 million.

The company’s most recent earnings report easily topped Wall Street estimates thanks to the final “Twilight” film with earnings of $37.8 million, or 28¢ a share, on revenues of $743.6 million and EBITDA of $87.2 million for its third quarter ended Dec. 31.

Analysts have expressed confidence that Lionsgate will be able to mirror the success of launching more young-adult franchises and cited efforts to leverage its content into digital media initiatives; strengthening Lionsgate’s capital structure, including the recent completion of a new five-year, $800 million revolving credit facility.

More Film

  • US actor Donald Sutherland poses for

    Donald Sutherland Reflects in Lyon On A Life And Career Marked By Cinema

    In a loose and free-flowing on-stage interview held at the Lumière Festival this past Sunday, Donald Sutherland reflected on his decade-spanning career with a tone that mixed personal irreverence alongside genuine veneration for the art form that brought him this far. “I love filmmakers, I really do,” said the Canadian actor, who delighted the local [...]

  • Terry Back chairman ACF

    Veteran U.K. Media Investor Terry Back Joins ACF as Chairman

    CANNES — Veteran U.K. film industry investor Terry Back has joined ACF investment bank as chairman. ACF, headed by CEO Thomas Dey, has been at the forefront of the M&A activity around independent TV and film production outfits, mostly in the unscripted TV arena. ACF is in the midst of expanding its activities in the [...]

  • Joker

    Korea Box Office: 'Joker' Remains on Top, 'Gemini Man' Lands in Fourth

    Warner Bros.’ “Joker” remained on top of the South Korean box office in its second weekend. The American psychological thriller earned $5.71 million from 768,000 admissions between Friday and Sunday, for a total of $28.3 million from 3.85 million admissions after two weekends. It accounted for 46% of total weekend box office in the country. [...]

  • dolittle-DRD_Tsr1Sht_1011_RGB_4_rgb-1

    Robert Downey Jr. Embarks on Perilous Journey in First 'Dolittle' Trailer (Watch)

    Robert Downey Jr. is setting sail with some furry friends in the first trailer for “Dolittle,” Universal Pictures’ reimagining of the classic story about a man who could speak to animals. “We have no choice but to embark on this perilous journey,” he says. Set to a rendition of Louis Armstrong’s “What a Wonderful World,” [...]

  • Parasite

    Bong Joon Ho's 'Parasite' Posts Powerful Opening in North America

    Bong Joon-Ho’s dark comedy “Parasite,” which won the Palme d’Or at the Cannes Film Festival, has launched with a spectacular $376,264 at three U.S. theaters.  Neon opened “Parasite” at The Landmark and Arclight Hollywood in Los Angeles and at the IFC Center in New York, where it broke the opening record set by 2014’s “Boyhood.” Its per-screen average of [...]

  • Joker Movie

    'Joker' Dominates International Box Office With $124 Million

    “Joker” is showing impressive traction internationally with a second weekend of $123.7 million on 24,149 screens in 79 markets — a holdover decline of just 29%. Joaquin Phoenix’s psychological thriller has totaled $351.2 million outside North America after only 12 days in release. And with $192 million in domestic grosses, “Joker” has now topped $543 [...]

More From Our Brands

Access exclusive content