Data Points Emerge in the VOD Landscape
Lately, it’s seemed like I’ve been inadvertently launching a weekly VOD column, but here is yet another contrarian and unexpected entry in the financially-shrouded market’s set of data points. Over the weekend, Radius-TWC released their digital grosses for The Unknown Known and 20 Feet From Stardom at $1 million and $1.3 million, respectively. In the exclusive report, co-president Tom Quinn offered his reasoning behind the films’ release strategies (“Errol Morris has a heavy following on Twitter”), while the author Brian Brooks points out that although VOD is assumed to be a major source of revenue, “some execs have noted that tabulating nontheatrical grosses is inherently not the […]
by Sarah Salovaara on Jun 9, 2014