'Chicago' Shines in Video Debut
Wed August 20, 2003 11:33 PM ET
By Brett Sporich
LOS ANGELES (Hollywood Reporter) - Video consumers have apparently swooned over Miramax's "Chicago," with industry sources reporting the musical sold 2 million combined DVD and VHS units to consumers and rental outlets Tuesday, its first day in release on home video.
Taking into account that the vast majority of units sold were DVDs to consumers -- upward of 85% -- it is estimated that the Oscar-winner generated between $24 million and $26 million in sales that day.
Mass merchants and grocery store chain buyers said they have already begun to reorder DVDs of "Chicago," starring Renee Zellweger, Catherine Zeta-Jones and Richard Gere.
Meanwhile, Disney's comedy "Bringing Down the House," starring Steve Martin and Queen Latifah, topped the rental charts for the second straight week in release for the period ended Aug. 17.
Paramount's "The Hunted" bagged the No. 2 rental spot and ranked as the fifth-best-selling DVD its debut week on store shelves, according to Video Store magazine and Nielsen VideoScan data, respectively.
"Hunted," starring Tommy Lee Jones, earned an estimated $13.22 million in gross rental revenue during its first five days on store shelves, just off the weekly bull's-eye set by "House," which drew in an estimated $13.81 million during the same frame, for a 12-day haul of $29.6 million, according to Video Store magazine data.