NEW BLOG: DVD/BluRay Releases Wednesday, Se
Post# of 7290
Wednesday, September 30, 2020
Major Retailer plans for Q1 (2021) Enable HHSE to finally schedule new DVD / BluRay Releases
Greetings HHSE Friends & Followers - After nearly two (2) years of NO NEW RELEASE ACTIVITY for home video products, HHSE is finally able to formalize release dates for a series of titles that have been held back due to market conditions (and COVID impact on retailers). Watch for these new releases (and new edition re-releases) coming in Q1 (2021) and shortly thereafter from HHSE / Medallion:
MARCH 2, 2021
HEXING - Sci-Fi Horror starring Dominique Swain (DVD / BluRay)
Gross Sales Forecast: $65,000
RIDE UNITED - Redbull Motorsports (DVD / BluRay)
Gross Sales Forecast: $30,000
MARCH 30, 2021
MANHUNTERS - Action Adventure (DVD / BluRay)
Gross Sales Forecast: $115,000
AMERICA UNITED - Concert Special (DVD / BluRay)
Gross Sales Forecast: $20,000
SPICES OF LIBERTY - Comedy with South-India audience appeal (DVD / BluRay)
Gross Sales Forecast: $35,000
APRIL 20, 2021
SACRED PREY - Trade edition / Fiction Book
Gross Sales Forecast: $30,000
EASY LOVE - Foreign Art Film (Streaming, DVD / BluRay)
Gross Sales Forecast: $55,000
TOTAL GROSS SALES FORECAST (all seven items): $345,000
(Approx. HHSE "margin": $85,000, plus $25,000 in recoupment)
Except for MANHUNTERS, these were all previously acquired titles or re-release promotions that were DELAYED due to the evolving retail marketplace and changes that occurred as a result of the retail shopping impact caused by COVID-19. With most of the preparation costs completed for these releases, the benefit to HHSE is quite good as there are not significant expenses at this point other than direct cost of goods and freight. So it will be a nice little bonus revenue stream in Q1 to add to the company's substantial production services fees (for the new feature productions) as well as the MyFlix (HHSE) share of 50% of the net on all MyFlix producer revenues. Primary retail commitments fueling these specific title sales forecasts are from: Best Buy, Family Video, Redbox and Barnes & Noble. The company will not be pursuing Walmart placements on these secondary releases, due to Walmart's requirement of approx. 25,000 units of inventory per DVD placement (which is an inventory level greater than the realistic retail unit depletions for these items).
With HHSE now having a monthly overhead of less than $10,000 (excluding MYFLIX and PRODUCTIONS which overhead costs are funded separately and off-balance-sheet), reinstating a release slate of smaller titles actually becomes a nice bottom-line profit for the company.
GO HHSE!
http://hannoverhousemovies.blogspot.com/2020/...nable.html