i thought this was an interesting comment...
During an investor's call, Lionsgate president Steve Beeks commented on how well the studio was doing with regards to Blu-ray sales. During the month of January, Lionsgate's revenue from Blu-ray sales was seven times higher than the same time last year. More units have been shipped from the studio in the last two months than for the entire previous year.
Beeks commented, "We expect the industry to unite behind Blu-ray by the summer, which should drive the current HD market to triple in size from $300 million in 2007 to more than $1 billion this year. It is exciting again to have a true growth opportunity in home entertainment as we expect Blu-ray revenue to be largely incremental in the near term."
Thanks goes to Iron Man for submitting the news.
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Thread: LionsGate Gets Blu-ray Boost
LionsGate Gets Blu-ray Boost
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