Image Entertainment Reports Increase in Revenues, Better Blu-ray Sales

Home

Image Entertainment Reports Increase in Revenues, Better Blu-ray Sales

Posted November 15, 2011 06:08 AM by Webmaster

Independent distributors Image Entertainment reported 12.7% increase of revenues for the second-quarter (ended Sept. 30). Disc (Blu-ray and DVD) revenues in particular increased 8.7% to $17.0 million, from $15.7 million. According to the company, gross profit margins were also up 22.1%, compared to 17.0% for the three months ended September 30, 2010, driven by strong sales of Blu-ray catalog product.

According to Image Entertainment's Ted Green, some of the company's best performing titles in Q2 were The Perfect Game, the 2011 NBA Championship, Criterion's Carlos, and Russ Parr's 35 and Ticking.