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MILLIONS TAKE 'HARRY' HOME ON VIDEO.


Byline: Greg Hernandez Staff Writer

The video version of ``Harry Potter and the Sorcerer's Stone'' sold a record 9.8 million copies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  during its first week, casting the same magic spell over home video as it did in theaters.

Warner Home Video Warner Home Video is the home video unit of Warner Bros. Home Entertainment Group, a division of Warner Bros. Entertainment, Inc. It was founded in 1978 as WCI Home Video (for Warner Communications, Inc.). It was re-named Warner Home Video in 1980.  officials said Thursday that the video sales for ``Potter'' surpassed the previous record-holder, ``Shrek,'' which bowed with sales of approximately 9 million copies last fall.

``Potter,'' based on the popular book by J.K. Rowling, grossed $317.6 million at the domestic box office and was the most highly anticipated video so far this year. The film follows the adventures of an 11-year-old wizard named Harry and his friends as they enter the Hogwarts School of Witchcraft witchcraft, a form of sorcery, or the magical manipulation of nature for self-aggrandizement, or for the benefit or harm of a client. This manipulation often involves the use of spirit-helpers, or familiars.  and Wizardry wiz·ard·ry  
n. pl. wiz·ard·ries
1. The art, skill, or practice of a wizard; sorcery.

2.
a. A power or effect that appears magical by its capacity to transform:
.

``We're very excited about the sales of 'Harry Potter,''' said Mark Horak, executive vice president of worldwide marketing for Warner Home Video. ``The books have established a terrific franchise, the theatrical people at Warner Bros BROS Brothers
BROS Benefits and Retirement Operations Section (King County, Washington)
BROS Barnes and Richmond Operatic Society (London, UK) 
. did an excellent job of marketing to moviegoers and we're happy that so far we've been able to hold up our end with the video release.''

Demand for the video was so high that, based on pre-orders alone, the film topped the Amazon.com, Wherehouse Music and Walmart.com sales charts for several months before actually hitting stores May 28. Several chains, including Wherehouse Music and Tower Records and Video, held extended hours and began selling the film on release day at 12:01 a.m.

Warner Bros. has also sold 20.8 million units of the film internationally, releasing the movie a few weeks earlier than in the United States because it feared being overlooked because of the World Cup.

``The international markets are much more focused on the World Cup soccer competition and we wanted to precede it by going in mid-May in those markets,'' Horak said. ``It has already set records around the world, including in the United Kingdom and Japan.''

Approximately 1 million of the copies sold were to U.S. video stores for rental. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 figures released Thursday by the Video Software Dealers Association, ``Potter'' topped DVD DVD: see digital versatile disc.
DVD
 in full digital video disc or digital versatile disc

Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology.
 rentals with $5.74 million in earnings and also dominated VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier.  rentals with $7.75 million in revenue.

In order to become the biggest-selling home video of all time, ``Potter'' will have to sell more than the 30 million units of Disney's ``The Lion King.''

``The jury is still out if it will grow to become the No. 1 selling video of all time,'' Horak said. ``We hope that it will.''

CAPTION(S):

photo

Photo:

(color) Borders employee Brenda Gilpin hangs balloons near the ``Harry Potter and the Sorcerer's Stone'' display at the Woodland Hills store on May 28.

Tom Mendoza/Staff Photographer
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Geographic Code:1USA
Date:Jun 7, 2002
Words:456
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