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Disney DVD Sales Down 9%

Cars Disney DVD News Pixar Ratatouille Toy Story 3

Home Media Magazine reports on Disney DVD sales dropping 9% since last year. The article, which can be read on page 6 and 24 here, quotes Tom Staggs, Senior Executive VP and CFO, in the Q1 FY08 Conference Call

Staggs says the decline was due to tough comparisons with last year, when the  quarter included DVD sales of Cars, Pirates of the Carribean: Dead Man’s Chest and The Little Mermaid: Platinum Edition. Staggs also mentioned that this quarter only had the domestic release and limited international release of Ratatouille on DVD, compared to Cars which included worldwide sales.
Thanks Brendon.

Last modified: February 12, 2008