Chronicles of Narnia is the Top Selling DVD for the First Half of 2006
In a story from The Hollywood Reporter, "consumer home video spending slipped 3.7% in the first half of the year, to $10.9 billion, according to preliminary estimates from Home Media Retailing's market research department."
In addition to this, "purchases are down 3.6%, to $7 billion, while rentals fell 3.9% to $3.9 billion."
Executives at studios are not surprised by this citing that "more than 80% of U.S. households now have at least one DVD player," and people new to the format aren't purchasing like their consumer predecessors.
Dont't forget to also check out: The Chronicles of Narnia: The Lion, The Witch and The Wardrobe
The Chronicles of Narnia: The Lion, The Witch and The Wardrobe was released December 9th, 2005 and stars Georgie Henley, Skandar Keynes, William Moseley, Anna Popplewell, Tilda Swinton, James McAvoy, Jim Broadbent, Kiran Shah. The film is directed by Andrew Adamson.
Sources: The Hollywood Reporter
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