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Finding Nemo drowns competition, breaks records

Finding Nemo has broken "the record for opening-day sales of home video with 8 million units sold in North America" according to Video Store Magazine Online. The previous record was set by Monsters, Inc. last year with first-day sales of 5 million units. "Based on its first-day success, Finding Nemo is on track to become the best-selling home video of 2003 and the top-selling DVD of all time, company executives said". DVDs made up 80% of the first-day sales. Consumers may have trouble finding Nemo. "According to Bob Chapek, president of BVHE, some 25 million units were shipped into the retail channel, based on record pre-orders, and that뭩 going to make copies of Nemo hard to find this weekend".

Here's another article

'Finding Nemo' swims past record

Retailers sell 8M copies of the Disney/Pixar movie on first day, raising possibility of shortages.
November 5, 2003: 3:39 PM EST

LOS ANGELES (Reuters) - Animated underwater fish movie "Finding Nemo" took a huge bite out of the home video market with a record 8 million DVD and video sales in its first day at retailers, raising the possibility of shortages, an official with Walt Disney Co. said Wednesday.

Disney, in partnership with Pixar Animation Studios Inc., produced the film about the little lost fish "Nemo" and his father's adventure to find him. The previous single-day record of 5 million DVD and video unit sales was for their previous collaboration, "Monsters, Inc."

The film was released in May and has been 2003's biggest box office hit with just under $340 million in movie ticket sales in the United States and Canada.

Bob Chapek, head of Disney's Buena Vista Home Entertainment group, which markets videos and DVDs, said the company shipped 25 million units to retailers but underestimated demand. He said Disney is working with manufacturers to get more copies made for retailers who will likely see shortages this week.


"Finding Nemo" is expected to top its U.S. box office with DVD sales.
"Some of our customers have told us they sold three times what they projected on day one," he said. "We're aggressively making as many [copies] as possible, but it is likely that some of our major accounts may go out of stock," he said.

Chapek said the mix of sales was roughly 80 percent DVDs to 20 percent videos, with DVDs being offered at a suggested retail price of $19.99 and videos at $17.99. Many retailers, however, put steep discounts on DVDs to help drive sales of other goods, so actual retail revenues are hard to pinpoint.

Still, if the DVDs and videos were sold at suggested retail prices, "Nemo's" one-day sales figure would total $156 million, which would be a massive weekend box office debut for a movie. That only underscores the fact that amid the booming DVD market, the home entertainment groups of Hollywood's major studios are pumping up profits.

Chapek said the heightened sales were being reported across the broad swath of retailers dealing in DVDs, from mass-merchant stores to specialty video shops.

He said Disney was working to update sales forecasts, but declined to provide new forecasts over the 25 million units already shipped. He did say he expected the ratio of DVDs sold to videotapes sold to increase.


http://money.cnn.com/2003/11/05/technol ... tm?cnn=yes

Wow, I'm not at all surprised it broke the record...but 8 million copies?!

Im not surprised it sold 8M. the movie was a hit and word of mouth is also what helped the DVD and also the movie hitting dollar theaters.

8 million now that's alot.
On the first day.
whow and wow.

WOW! Go Nemo! Sorry, Mikey - - but it had to happen. Ever since May 30th, you've been hearing the sound of inevitablity.

I can't say I'm suprised, though, because I'm really not. YES, 8 million is a gigantic figure, but I didn't expect anything less from this movie. The biggest theatrical hit in the history of the entire company, Mirimax, TouchStone and all the other release banners included; nearly unanimous praise from all who saw it; Pixar's reputation as a true master of DVD, and the huge sales of last year's M.I. DVD ( ); great buzz for the DVD; one, all-purpose release to please all fans with extra material geared kids and adults both, transfers for WS people and FS people in the same set as opposed to the normal seperate versions route; attractive cover art; and nice price points accross the board. It doesn't hurt that Pixar movies are some of the best ever when it comes to replayability, either, so renting just doesn't make sense for something like this.

I just hope there's stock left as I still need to get my own, personal, private copy. (We've got one "for the family" now, but I want one for just "Jake.")

8 million copies?
That's beyond comprehension.

As a tribute I'm now going to type one "." for each unit sold on Tuesday.

...................................................................

Alright 67 is about enough.

Way to go NEMO

yeah who cares...

allright NEMO!!!!

Eight million copies is phenomenal, but in some ways it doesn't surprise me. The film was such a hit, it was still showing at a theater down the street until just last week or so!! It's been a long time since I've noticed a movie playing at a "regular" theater (not the dollar theater) for that long!

Amazing! Now,it's going be hard to find a copy to buy on Friday(when I get my copy).