The No.1 selling Criterion Disc is ...
Posted: Wed Feb 09, 2005 3:44 pm
... Fear and Loathing in Las Vegas with over 300.000 units sold according to this article: CRITERION MAKES 'SPECIAL' DVDS
Wow! So they don't have to sell that many to make a profit? That answers a lot of questions from the other thread about the profitability of Criterions.Criterion can thrive on selling as few as 10,000 units per title, though Furniss said the label fares a lot better.
CRITERION MAKES 'SPECIAL' DVDS
Titles priced at higher end of disc market
By Anthony D'Alessandro 2/8/2005
Onetime laserdisc company The Criterion Collection has morphed into a producer of carefully crafted niche DVDs.
The label focuses on special edition discs featuring filmmaker commentaries of the sort Criterion founders Roger Smith and Bob Stein pioneered on their laser releases. Seven years after switching to DVD, Criterion also is committed to higher-end pricing.
"This is a low-volume, high-margin business," said Adrianne Furniss, CEO at Home Vision Entertainment, which distributes Criterion titles. "Our fan base allows us to predict the number of units we'll move out the door."
Since publishing its first DVD title, Grand Illusion in 1998, Criterion decided to index the spines of its titles, fueling an obsession among its cineaste consumers to swipe up every title, which currently number 281.
High prices coupled with a loyal fan base has enabled the privately owned video company to take lucrative gambles in producing rich editions of cult, often obscure classics.
"Some of the films we work on have the least market promise," Criterion president Peter Becker said.
To produce the quintessential edition of Carl Theodor Dreyer's lost 1928 silent film The Passion of Joan Arc, Becker acquired the music license for composer Richard Einhorn's Voices of Light from Sony, an original orchestral work inspired by the film. Driven by critical reviews, Joan sold 15,000 units.
At $40 a pop, its estimated DVD gross was $600,000--not too shabby for a silent Danish film released in 1999.
Criterion can thrive on selling as few as 10,000 units per title, though Furniss said the label fares a lot better. Industry sales estimates peg the Criterion version of The Royal Tenenbaums at more than 150,000 units.
"I firmly believe this is an evergreen product," Furniss said. "We have decent sales out the door, but when our sales dip six months out, we plateau and hold onto our numbers."
Currently, Criterion is enjoying robust sales for its fully loaded edition of Terry Gilliam's 1998 film Fear and Loathing in Las Vegas, which on top of a director and cast commentary touts a track by author Hunter S. Thompson. In fact, Fear has become the label's No. 1 selling DVD, overtaking previous champ The Seven Samurai, with an estimated 300,000 units sold
Thanks to Fear, Criterion recently extended beyond title-driven retail outlets such as the Virgin Megastore to mass merchants including Best Buy.
Wes Anderson and even commercial powerhouse Michael Bay are among filmmakers who prefer Criterion as the video distributor for their special editions. Such support from the Hollywood community stems back to Criterion's foothold with laserdiscs in the late '80s to early '90s.
At the time, the majors didn't fully support the technology and provided Criterion with non-exclusive rights to notable movies. Criterion produced several audio commentaries such as Barbra Streisand's analysis of The Prince of Tides that have never seen the light of day on DVD due to rights issues.
In certain cases, these audio commentaries have surfaced on studio editions of films, as is the case with MGM's upcoming special edition of Raging Bull, which features Criterion's Martin Scorsese-Thelma Schoonmaker audio track. Other times, Criterion has been able to transfer its laserdisc version of a studio film to DVD, such as Spike Lee's Do the Right Thing.
Criterion draws a bulk of its titles from sister company Janus Films, whose film library houses foreign classics from Roman Polanski and Ingmar Bergman. Criterion also has an output deal with theatrical distributor Rialto Pictures, a New York-based company known for acquiring and restoring vintage classics.
"The company's mission has remained the same," mused Becker of the 21-year-old label, "to present a film in the way that their makers want it to be seen."
Copyright 2005 DVD Exclusive
This sentence, out of context, makes me laugh.matt wrote:Thanks to Fear, Criterion recently extended beyond title-driven retail outlets such as the Virgin Megastore to mass merchants including Best Buy.
That's a little unclear-- the numbering idea was carried over from their laserdisc era, right? Also, Grand Illusion wasn't their first DVD by a longshot, but it's understandable that someone would think so.Since publishing its first DVD title, Grand Illusion in 1998, Criterion decided to index the spines of its titles...
Where did he get the idea that most of Criterion's loyal customers are completists? That's not true at all....fueling an obsession among its cineaste consumers to swipe up every title
Criterion titles were sold at Best Buy stores long before Fear and Loathing, especially the English-language releases.Thanks to Fear, Criterion recently extended beyond title-driven retail outlets such as the Virgin Megastore to mass merchants including Best Buy.
Aside from their tendency to crop too much from the sides, a notable exception to this mission is their lower-priced Fanny and Alexander release, which only contains the cut that Bergman has always despised."The company's mission has remained the same," mused Becker of the 21-year-old label, "to present a film in the way that their makers want it to be seen."
Where did you get the idea that the article says that "most of Criterion's loyal customers are completists?"Where did he get the idea that most of Criterion's loyal customers are completists? That's not true at all.
Not as regularly, or with as much variety, as they do now.Criterion titles were sold at Best Buy stores long before Fear and Loathing, especially the English-language releases.
You mean the cut that Bergman made because he was asked to make a shorter movie and decided that he'd ignore it?a notable exception to this mission is their lower-priced Fanny and Alexander release, which only contains the cut that Bergman has always despised.
Because the sentence makes the general statement that their cineaste consumers have an obsession to snap up every title. That's not generally true.Where did you get the idea that the article says that "most of Criterion's loyal customers are completists?"
I saw approximately 10-12 different Criterion DVDs in every Best Buy store I visited (including those in Nebraska!) long before Fear and Loathing. They may have more variety now, but what the writer said is that thanks to that film, their market now extends to Best Buy.Not as regularly, or with as much variety, as they do now.
That's the one. The conflict between Bergman and the producers is in the past. Their length requirements do not apply to Criterion. What we are left with are two different cuts of the film: one which Bergman loves and one he thinks is awful. By including only the one Bergman never liked in their lower-priced release, plain and simple, Criterion did not adhere to the mission statement that they still tout, that they present a film the way their makers want them it be seen.You mean the cut that Bergman made because he was asked to make a shorter movie and decided that he'd ignore it?
Again, I'd say that the last sentence is a guideline to employees to make sure they focus their work on maintaining and strengthening the bond of trust between the company and the customer. It's their priority, but not their promise.Gregory wrote:"Longtime Criterion collectors, to whom we owe our thanks, have come to trust the Criterion banner as a symbol of traditional excellence, groundbreaking supplements, and only the very best in film. Our first priority is never to disappoint that trust."
Sorry, that was just my interpretation of your comments regarding marketing methods.Gregory wrote:Also, my intention was not to try to prove willful false advertising on their part.
I agree.Gregory wrote:However, a company that boasts rigorous standards should expect it to be pointed out when they make bad decisions from time to time.
This really made me laugh. If anything Best Buy has cut back on the Criterion dvds that they sell. Best Buy used to get every Criterion dvd that came out and used to have them on sale the first week they were out. Then they started to not have them on sale and it seems as of August where I live have started to only get the big titles *like Short Cuts* in stock. I know that they never had Eyes without a Face in the store, same with King of Kings, the Fanny and Alexander box set *I checked there first to see if they had the box set and the lady told me all they got was the theatrical version }:0(*. I mean I know that not every store can be like Tower Records and get every Criterion dvd that they make, but don't say that their getting more when it seems to me that their cutting back.Thanks to Fear, Criterion recently extended beyond title-driven retail outlets such as the Virgin Megastore to mass merchants including Best Buy.
Maybe read the article a bit more carefully and you'll get half your answer.original article wrote: Industry sales estimates peg the Criterion version of The Royal Tenenbaums at more than 150,000 units.
Never. Folks who have spend hundreds of dollars on this are clearly in the minority.If you include ebay sales, Salo is #1 for sure.
I'm actually not that shocked. Armageddon isn't as popular as you may think with the mainstream. A lot of people I know (who are as mainstream as you can get) hate it. Plus those that like it won't spend $50 American on it ($90 Canadian.) RoboCop isn't a shock as well. While I know many who own it, it was discontinued just after the format really took off. It was also fairly easy to find after it went OOP.kevyip1 wrote:Anyone shocked that Armageddon or Robocop were not the best-selling CC titles, being the commercial blockbusters that they were?
Fear and Loathing being the best seller is also surprising considering the Universal DVD was out for a few years before CC released its edition.