Disney Says 'Lion King 1 1/2' on Track for Record
LOS ANGELES (Reuters) - "The Lion King 1 1/2" has sold more than 3 million units on DVD and VHS since its Tuesday release, putting the movie on track to be the best-selling direct-to-video DVD release ever, the Walt Disney Co. said on Friday,
Earlier in the week, Disney said the movie sold 1.5 million units on its first day of release. It tells the story of the original 1994 blockbuster "The Lion King" from the point of view of Timon and Pumbaa, a meerkat and warthog who provided comic relief in the first film, which has sold more than 55 million units in home video and DVD formats.
Sequels to films like the new "Lion King" were criticized recently by Steve Jobs (news - web sites), chief executive of Pixar Animation Studios Inc., which broke off talks in January on extending its lucrative partnership with Disney. Disney retains the rights to make sequels to the films already released under their deal.
Pixar's last film, "Finding Nemo," sold 8 million videos and DVDs in a day on its debut late last year, but that movie was originally released in theaters. "Lion King 1 1/2" can only be seen on video or DVD and was never released theatrically.
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Very intriguing.
LOS ANGELES (Reuters) - "The Lion King 1 1/2" has sold more than 3 million units on DVD and VHS since its Tuesday release, putting the movie on track to be the best-selling direct-to-video DVD release ever, the Walt Disney Co. said on Friday,
Earlier in the week, Disney said the movie sold 1.5 million units on its first day of release. It tells the story of the original 1994 blockbuster "The Lion King" from the point of view of Timon and Pumbaa, a meerkat and warthog who provided comic relief in the first film, which has sold more than 55 million units in home video and DVD formats.
Sequels to films like the new "Lion King" were criticized recently by Steve Jobs (news - web sites), chief executive of Pixar Animation Studios Inc., which broke off talks in January on extending its lucrative partnership with Disney. Disney retains the rights to make sequels to the films already released under their deal.
Pixar's last film, "Finding Nemo," sold 8 million videos and DVDs in a day on its debut late last year, but that movie was originally released in theaters. "Lion King 1 1/2" can only be seen on video or DVD and was never released theatrically.
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Very intriguing.