SUBMITTED BY Timbo

November 5, 2003 — On its first day of release, "Finding Nemo" sold 8 million copies on DVD, breaking the 7 million copy record set by "Spider-Man".

The studio shipped 25 million copies but already has ordered more, figuring some stores might run out as early as this weekend, said Bob Chapek, president of Disney home entertainment.

"We saw stores yesterday almost going through their inventory on day one alone," Chapek said Wednesday.

DVDs accounted for about 90% of sales. Total sales for "Finding Nemo" could rival the 32 million VHS copies that Disney's "The Lion King" sold in its initial video release in the 1990s, Chapek said.

The numbers will be a key to whether Pixar decides to renew its distribution contract with the Walt Disney Co.'s Buena Vista Home Entertainment, which comes to term in 2005.

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