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01-17-2004, 07:32 AM
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#1 of 13
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Crawdaddy
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The studios as well as consumers have come a long way since 1997, with the studios putting more emphasis on releasing their catalog titles to dvd. I remembered a time, when I was very frustrated with the lack of such releases, but I believe that classic film buffs like myself have turned the corner in putting those past frustrations to rest with the studios realizing the gold mine they have in their film vaults. We still have a long way to go in satisfying everybodys need for their favorite titles on dvd, but the studios and film buffs have traveled quite a bit down the road since the early days of this video format.
The following excerpt is from Video Business which should make some of us even happier about the catalog dvd progression.
LIVING IN THE PAST PROVES PROFITABLE
Warner increasing classic catalog titles on DVD amid industrywide push.
By Jennifer Netherby 1/16/2004
JAN. 16 | With more consumers buying catalog DVDs than ever before, Warner Home Video is dramatically stepping up its release schedule during the coming year.
On April 6, the film-rich studio will release Meet Me in St. Louis and four other Judy Garland movies that have never before been on DVD. Meet Me in St. Louis is the third film to receive Warner's Ultra Resolution treatment, which digitally matches the three Technicolor film slides for a clearer picture. Previous WHV Ultra Resolution releases were last year's The Adventures of Robin Hood and 2002's Singin' in the Rain.
Not only is the studio upping the number of Ultra Resolution titles, it will also double the number of classic catalog releases this year. Warner issued more than 100 such titles in 2003 (VB, 5-9), more than double its 2002 slate of 44 releases.
Consumers spent an estimated $3.9 billion on the purchases of catalog DVDs in 2003, a 42% jump from 2002, according to industry sources. Consumers spent $14 billion on DVD sales overall, according to VB research, so catalog purchases last year represented nearly 28% of all disc buys.
Other major studios say they are continuing their catalog release pace. Paramount Home Entertainment releases about 60 catalog titles a year, half of those classic releases; 20th Century Fox Home Entertainment continues to mine its 3,000-title catalog title; and MGM Home Entertainment issues 200-250 releases on average each year and as many as 24 special editions annually.
In addition to Rain Man and The Pink Panther releases this year, MGM also will put out new special editions of The Great Escape and The Good, the Bad and the Ugly. The studio estimates that 40% of sell-through DVD purchases are for titles released before 2001.
"MGM has always been a very aggressive player in catalog market," said director of library marketing Amy Zwagerman.
Zwagerman said the broadened DVD audience tends to be more price-sensitive, which further benefits catalog titles because of their lower price points.
Warner's profitable 2003 release schedule, which included the first wave of Charlie Chaplin films, Humphrey Bogart films and Giant in addition to Robin Hood, has pushed the studio to devote more resources and time toward the segment, said WHV senior VP of classic catalog George Feltenstein.
"We worked hard to carve out a niche for classic film in the DVD world and make it not just a subcategory but really its own category," Feltenstein said. |
G.W. McLintock: Camille, you're on your own.
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01-17-2004, 03:12 PM
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#2 of 13
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The great news continues. And those numbers are staggering: almost $4 billion spent on purchases of legacy titles. Amazing.
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01-17-2004, 04:19 PM
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#3 of 13
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That's an interesting artcile, and a great statistic. Keep the cataloge titles coming. We know were going to get Star Wars this year!
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01-17-2004, 04:44 PM
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#4 of 13
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Let's hope that EAST OF EDEN will make the releases this year!
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01-17-2004, 04:46 PM
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#5 of 13
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MGM also will put out new special editions of The Great Escape
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Sweet, I must have missed whatever news there's been about that, this is the first I've heard of it. I'm definitely there for an SE of that movie.
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01-18-2004, 08:27 AM
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#7 of 13
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Frank, Hunchback ('39) has been out for a few yrs now.
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When we look at classic titles that aren't available, we should look to Universal for so many of the Paramount titles from the 30's and 40's such as the early Marx Brothers/W.C. Fields/Cecil B. DeMille's classics/Preston Sturgess's comedies/ the work of Mitchell Leisen/nearly all of Claudette Colbert movies/Billy Wilder's Major and the Minor etc.
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its a real shame that Universal doesn't have someone like Feltenstein exploiting their catalog. so much great stuff just a withering away.
Claudette Colbert, a particualr fave, is seriously under-represented on this medium.
i'm kind of surprised that Paramount is only planning to release about 60 catalog titles this yr, and only 30 vintage.
that seems awful small.
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01-18-2004, 09:31 AM
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#8 of 13
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Crawdaddy
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i'm kind of surprised that Paramount is only planning to release about 60 catalog titles this yr, and only 30 vintage.
that seems awful small. |
Not at all, considering that most of Paramount's vintage films now belong to Universal.
Crawdaddy
G.W. McLintock: Camille, you're on your own.
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01-18-2004, 10:50 AM
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#11 of 13
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All Universal seems to be doing is regurgitating previous releases in no-frills editions (no extras, no remastering) at Wal-Mart aimed prices.
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Which ones do you mean?
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