Last week, <A HREF="http://www.platinument.com/">Platinum Entertainment</A> and <A HREF="http://www.pioneer-ent.com/">Pioneer Entertainment</A> announced plans to jointly develop and create <I>Animetronic</I>, a series of multiple-format music and video releases that combine Japanese animation with original, new electronic-music compositions. Terms of the partnership were finalized at the Winter Music Conference in Miami by Steve Devick, Platinum president and CEO, and Yosuke "James" Kobayashi, president of Pioneer Entertainment.

In an effort to regain full control of its video library worldwide, <A HREF=http://www.mgm.com">Metro-Goldwyn-Mayer</A> announced last week that it has entered into an agreement with <A HREF="http://www.warnerbros.com">Warner Bros.</A> for an early termination of its existing video-distribution agreement with Warner Home Video. The original agreement with WHV was to end in May 2003.

Four major industries banded together last week to focus on the business issues necessary to bring digital TV to the American consumer. More than 300 people attended the fourth DTV Summit, which was sponsored by the <A HREF="http://www.cema.org">Consumer Electronics Manufacturers Association</A> (CEMA) in conjunction with the <A HREF="http://www.mstv.org/">Association for Maximum Service Television</A> (MSTV), the <A HREF="http://www.nab.org">National Association of Broadcasters</A> (NAB), the <A HREF="http://www.ncta.com/">National Cable Television Association</A> (NCTA), and the <A HREF="http://www.sbca.com/">Satellite Broadcasting and Communications Association</A> (SBCA). The one-day summit featured leaders from the consumer-electronics, broadcast, cable, satellite, and retail industries discussing their latest plans and strategies for the DTV transition.

As the professional-broadcast industry readies itself for the technology transformation brought about by the rapid growth of digital-media distribution, the need for a single, high-resolution digital master format is becoming essential. In an effort to fill this need, Sony Electronics, in collaboration with LaserPacific Media Corporation, has unveiled the 24 Frame Progressive (24p) High Definition Post Production System.