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Strong Consumer Demand For Theatrical Movie Titles Drove 17% Rise In Home Entertainment Spending In 2023
Demand for feature films after their theatrical release windows drove a 17% rise in home entertainment spending in 2023, a trade group reported.
While film transactions were robust, with blockbusters like Oppenheimer spurring demand across digital and physical sectors, the DEG warned that the dual strikes could have an “adverse impact” on results in “the next few quarters.” The DEG noted strong home demand for box office standouts like including Barbie, The Hunger Games: The Ballad of Songbirds and Snakes, Indiana Jones and the Dial of Destiny, Mission Impossible: DeadReckoning Part 1, Oppenheimer and The Super Mario Bros. Movie. 3, John Wick: Chapter 4, Meg 2: The Trench, Plane, Puss in Boots: The Last Wish, Spider-Man: Across the Spider-Verse, The Super Mario Bros. Movie and Transformers: Rise of the Beasts.
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