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Technicolor Reports Q2 2015 Results, Discs Decline

Technicolor SA announced financial and production results for its second quarter 2015.

According to the statement, Technicolor’s revenues were €816 million (US $895.5 million) in the quarter, up 7.2% compared to Q2 2014.

On the optical disc replication front, Technicolor reported that “DVD Services revenues decreased in the second quarter of 2015, mainly driven by a 13% decline in combined Standard Definition DVD and Blu-ray disc volumes as compared to the second quarter of 2014. Standard Definition DVD volumes declined by 15% in the period, due to continued reductions in Xbox 360 volumes, as well as general weakness in studio catalog/promotional volumes that impacted Blu-ray volumes as well. Blu-ray disc volumes decreased by only 1%, much improved over the 10% decline experienced in the first quarter of 2015.

Additionally, “major titles produced in the second quarter of 2015 included American Sniper (Warner Bros.), Fifty Shades of Grey (Universal) and The SpongeBob Movie: Sponge Out of Water (Paramount).”

Disc Replication Services (by format)

Millions of units Q2 2014 Q3 2015 Change (%)
DVD 218.8 185.1 -15.4
Blu-ray Disc (BD) 41.9 41.4 -1.1
Total 260.6 226.5 -13.1

Disc Replication Services (by segment)

Millions of units Q2 2014 Q2 2015 Change (%)
Studio/Video 245.9 213.8 -13.0
Games 8.8 5.9 -33.0
Software & Kiosk 5.9 6.7 14.0
Total 260.6 226.5 -13.1%

Currency conversion as of July 24, 2015.

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