Image Entertaiment sticks to the top chart position for the 16th week in a row
Image Entertainment, Inc. (Nasdaq:DISK – news), a leading DVD licensee and distributor has held the number one DVD music chart position for the 16th week in a row for the exclusive release, Eagles: Hell Freezes Over, according to Videoscan, the industry’s most respected reporting agency. The DVD release also holds the distinction of being the number one selling music title in the history of the DVD format.
Featuring classic live performances of “Hotel California,” “Tequila Sunrise,” “Take It Easy,” “New York Minute,” and thirteen more Eagles’ hits, the DVD also contains a DTS audio-only bonus track of “Seven Bridges Road.” The concert was recorded during the band’s sell-out reunion tour in 1994.
Image released the program in two packaging configurations, one of which highlighted the presence of a DTS 5.1 multichannel soundtrack. The actual DVDs, in both configurations, were identical, containing both DTS 5.1 and PCM stereo soundtracks. DTS-branded packaging appeals to retailers selling to a more audio-savvy consumer, whereas the non-branded packaging is appropriate for the mass-merchants and general DVD audience. Sales of the DTS-branded DVD are very strong, accounting for more than 35% of the overall sales.
The Company expects to release additional DTS DVD music programming in the coming months beginning with Bee Gees: One Night Only and Joni Mitchell: Painting With Words and Music in October. Janet Jackson: The Velvet Rope Tour, The Paris Concert For Amnesty International and Sheryl Crow: The Globe Sessions Tour 1999 will follow.
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