MGM's margins on DVD sales are 50-60 percent

Andrew and Tim told me that this was on boingboing, but I just saw it via http://www.siliconvalley.com/:

For an industry under dire threat from piracy, DVD vendors are doing quite well financially. According to a slide presentation posted, mistakenly I presume, to a publicly accessible portion of Metro Goldwyn Mayer's Web server, the DVD market is quite robust. Between 2002 and 2003, MGM saw a 40 percent increased in DVD shipments in North America, and a corresponding 53 percent increase worldwide. And get a load of the proft margins. MGM's margins on DVD sales are 50-60 percent.

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