Harry Potter's Day-One Revenues Possibly Greater than Halo 3's
by Carlos Bergfeld, Sep 28, 2007 4:15pm PDTWhen Microsoft declared Halo 3's $170 million launch the "biggest entertainment launch in history," the company claimed to have surpassed both Spider-Man 3's box office record and the latest Harry Potter novel's first day at retail. It turns out Master Chief's latest outing might not have dethroned the latest Potter party after all, as J.K. Rowling's "Harry Potter and the Deathly Hallows" could have made anywhere from $149.3 million to $290.4 million, according to MarketWatch. Microsoft based its victory assumption on a $166 million estimate of Deathly Hallows day-one sales cited in The New York Times and elsewhere, but a Scholastic book rep told MarketWatch this figure wasn't official. The publisher says it sold 8.3 million copies of the book in its first 24 hours at retail, but won't disclose its revenues. MarketWatch got its estimated range of launch-day sales from the book's variety of retail prices, which spanned from $17.99 to the suggested retail price of $34.99. Though it's kind of a silly issue, it's one of those things that sheds light on the bizarre world of video game fandom. Book readers couldn't care less if a publisher made tons of money on a recent novel, and Scholastic doesn't really have a reason to come out and declare itself champion of something like earning gobs of money on a product's launch day. Video game fans actually know the figure offhand, and are sometimes rewarded for this knowledge.
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Comments
Anyway I find most books to be 20% entertainment, 80% boring.
Harry Potter series being 1% entertainment and 99% boring.
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Part of the decision on which console to buy is based on which system has the best games. Microsoft is bragging precisely for this reason... to advertise that by this measure, they have the best game for any console EVER! (not saying it's true, I'm just analyzing the tactic.)
Unlike books and movies where you don't really have to choose between seeing Dawn of the Dead and Shaun of the Dead ; you can see both, with consoles people typically buy one or another and from there on they are limited in what games they can buy. (No Mario on XBox360 or Halo on Nintendo).
That's why book publishers don't advertise (as much) the gobs of money they make on a particular book.
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ill just leave it at that.
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I think that would be an excellent use of time because lets be honest, this is kind of a silly news post to make and that last paragraph is half opinion anyways. Why beat around the bush?
Although I suppose the podcast could fufill the opinion concept, but I don't really like listening to such things so meh. :(
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As of October 2005, over 300 million books had been sold worldwide. At $15 a pop (average price) that's another $4.5B.
What's sad is that JK Rowling is only worth about $1B (according to Forbes). That's an average 11% share for her. Holy crap that sucks.
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If you sell, for example, 50 games (to 50 people) at $60 a piece, is that 'bigger' than someone who sells 300 tickets at $10 a piece?
Furthermore, what if just ONE person bought 50 copies of Halo 3? Would it still be the 'biggest' seller?
This whole thing is asinine if you ask me... we're not even comparing equal parts of data.
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