The company's 1996 release of Independence Day sold 18 million units, making it the industry's bestselling live-action home video release. In 1996, Saban Entertainment, who had left WarnerVision Entertainment, had signed a deal with the company for distribution. With the May 1997 departure of DeLellis, a quick rotation of presidents lead Fox Home Entertainment: Yapp for four months before he left to lead Hollywood Video, then an interim president—Pat Wyatt, head of Twentieth Century Fox Licensing & Merchandising, in September 1997. With DVD being a Warner Home Video property, the company did not initially issue DVDs; instead, Fox advocated for digital VHS tapes (which eventually emerged as the obscure D-Theater), then the disposable DIVX. DIVX was a DVD variant that had limited viewing time, launched by the Circuit City consumer electronics chain in June 1998. With DVD's low cost at $20 and DIVX at $4.50, and the desirability for consumers to own DVDs, the DVD format won quickly out over DIVX. News Corp. chief Rupert Murdoch wanted a deal with Time Warner Cable, as to secure a lower channel position for the then-new Fox Family Channel, so Mechanic adopted the DVD format to smooth the deal. By 1998, Wyatt became permanent president of Twentieth Century Fox Home Entertainment. Wyatt then became head of Fox Consumer Products, which put together the video and licensing unit. Wyatt had to drop the licensing half eventually, as the home video unit boomed. DVD sales were so strong during this period that they factored into green-lighting theatrical films. Wyatt reorganized Fox Home Entertainment, and forged a partnership with replicator Cinram. Being ahead of the other studios, TCFHE began picking up additional outside labels as distribution clients, with their fees covering the company's overhead. Fox Home Entertainment won multiple Vendor of the Year awards. Wyatt's system was a great edge for years. The TV-on-DVD business was initiated by Wyatt through the release of whole seasons of The X-Files, The Simpsons and 24, which started the binge-watching concept. However, the videocassette rental business was declining such that video rental chains signed revenue-sharing deals with the studios, so additional copies of hits could be brought in for a lower price, and share sales for more customer satisfaction. Mechanic left Fox in June 2000, while Wyatt resigned in December 2002. Jim Gianopulos replaced Mechanic, while executive vice president of domestic marketing and sales, Mike Dunn, took over from Wyatt.