Buena Vista Home Entertainment
November 17, 2003
Walt Disney Pictures presentation of a Pixar Animation Studios film Finding Nemo has sold 15 million DVDs making it the #1 DVD of all time; in addition "Nemo" has sold 20 million combined DVD/VHS units within its first 14 days in the United States and Canadian market, it was announced today by Steve Jobs, Chairman and Chief Executive Officer of Pixar Animation Studios, Michael Eisner, Chairman and Chief Executive Officer of The Walt Disney Company and Bob Chapek, President of Buena Vista Home Entertainment.
Consumer spending on "Nemo" has now matched its U.S. box-office gross of about $340 million.
Commenting on this exciting accomplishment, Jobs said, "Pixar's creative team pours their hearts into creating the industry's best DVDs for our films, so this resounding success is especially gratifying. We're thrilled beyond words."
Eisner commented, "The computer-animated blockbuster that captivated adults and children alike with oceans of fun continues to deliver after its record-setting first week on video and DVD, which just goes to show the power of blending superior story telling with cutting-edge technology," said Eisner. "The home entertainment success of films like 'Finding Nemo' proves that the consumer's enjoyment of our properties continues far beyond the theatrical release, and that these enduring films provide a strong, sustained revenue stream for the company."
President of Buena Vista Home Entertainment, Bob Chapek, added, "No amount of research could have ever predicted this type of overwhelming response from consumers across all demographics. Given the exceptional demand, we expect sales to stay strong through the holidays securing 'Finding Nemo' as the bestselling title of the year."