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October 15, 1998 Debuting At Number One On VideoScan, Lost In Space Becomes Best-selling DVD Of All-Time During First Week Of Sales, Surpassing Previous Leader, Air Force One LOS ANGELES, CA -- Achieving a new milestone in the DVD market, New Line Home Video's Lost In Space debuts at number one in DVD sales for the week ending October 11, 1998, becoming the best-selling title of all-time during its first week according to VideoScan. Surpassing the previous leading title (Air Force One), Lost In Space captured 15 percent more in DVD unit sales during its debut week than any other film. With the October 6 release of Lost In Space, New Line became the first Hollywood studio to exploit the PC market, releasing the title as a hybrid disc offering features for both set-top DVD and DVD-ROM players. "We are extremely excited about the debut sales performance of Lost In Space," said Michael Karaffa, executive vice president, for New Line Home Video. "The film's broad family appeal, as well as the added-value PC enhancements featured on the DVD offer tremendous appeal to the consumer, translating into great sales results." According to Tonya Bates, general manager at VideoScan, the sales success of Lost In Space was achieved during the all-time best-selling week for DVD sales which recorded 218,000 in unit sales. VideoScan estimates that they capture approximately 70 percent of total DVD sales nationwide. New Line Home Video released Lost In Space under the New Line Platinum Series banner, which consumers have come to identify as being the cutting-edge of what the format can offer, all at a $24.98 SRP. Titles released under the New Line Platinum Series feature the widescreen version of the film, as well as at least three of the following special added-value components: interactive games, audio commentary tracks, behind-the-scenes featurettes, deleted scenes, story board comparisons, original animation, original music composition or music videos from bands featured on a film's soundtrack. These premium added-value tracks will be in addition to the following programming components which can be found on the company's non-Platinum DVD releases: theatrical trailers, cast biographies, cast filmographies, jump-to-scenes, captions and subtitles. Since its inception in 1993, VideoScan has tracked retail sales of video cassettes, and laserdiscs, providing timely information and charts to the home video market. VideoScan's computerized point-of-sale tracking system currently collects data from more than 16,000 retail locations. Since the introduction of DVD in 1997, VideoScan has captured an estimated 70% of sales of the new format. VideoScan's sales charts appear regularly in Video Business magazine, The Los Angeles Times, The New York Times, The Wall Street Journal, and many other trade and consumer publications. VideoScan utilizes the same technology for its home video and DVD services, that its sister company, SoundScan, presently uses to compile music industry charts and data. New Line Home Video distributes all of New Line Cinema and Fine Line Features theatrical films on video and select titles on DVD. The company also distributes feature films and non-theatrical programs acquired or produced by New Line Home Video and New Line Television. New Line Cinema is the leading independent producer and distributor of theatrical films. New Line also licenses its films to ancillary markets, including cable and broadcast television, as well as in all international markets. |
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