|  Feb 18, 2001  |  0 comments

The theater glut has claimed its latest victim. New York-based Loews Cineplex Entertainment, the second largest movie exhibitor in the US, filed for Chapter 11 bankruptcy protection on Thursday, February 15 in US Bankruptcy Court for the Southern District of New York. The theater giant simultaneously brought an application under the Companies' Creditors Arrangement Act before the Ontario Superior Court of Justice for its Canadian units, including Cineplex Odeon Corporation, with whom it had merged three years ago.

 |  Feb 18, 2001  |  0 comments

The video-on-demand saga marches on, as <A HREF="">Intertainer</A> and Universal Studios' Pay-Per-View division announced last week that they have signed a long-term output agreement that will deliver the studio's film content over Intertainer's digital VOD cable platform. The companies say that Universal movies will become available on the Intertainer service starting this month.

HT Staff  |  Feb 13, 2001  |  0 comments
As technology marches on, the price of excellence continues to drop. A superb example is Harman Kardon's new DVD 50, a five-disc carousel changer with progressive video output, high-resolution audio decoding, and compatibility with a wide variety of recorded formats. The price? A mere $650.
HT Staff  |  Feb 13, 2001  |  0 comments
Continuing its tradition of high-value products, Adcom has introduced the GTP-760, a tuner/preamp made with home theater fans in mind. Its ability to handle DVD-Audio discs in either 5.1 channel surround sound mode or traditional two-channel stereo mode will attract music lovers, too. Movie soundtracks can be decoded by the GTP-760 in both DTS and Dolby Digital formats.
Barry Willis  |  Feb 11, 2001  |  0 comments

Predicting a "collision" between film studios and expanding digital technology, Jack Valenti, president of the <A HREF="">Motion Picture Association of America</A> (MPAA), has asked for Congressional help in beefing up copyright protection for his industry.

 |  Feb 11, 2001  |  0 comments

The latest holiday season numbers are now in, and the <A HREF="">Consumer Electronics Association</A> (CEA) is reporting that manufacturer-to-dealer video products sales in December, 2000 grew by 15% over last year's figures, giving a total of more than 6.4 million units shipped, and culminating a year of strong growth. The CEA reports that total sales of video products in 2000 reached 67.8 million units, representing a 12% increase over total sales for 1999. The trade group adds that the year finished with sales increases in almost every category.

Joe Leydon  |  Feb 11, 2001  |  0 comments

P<I>aul Campbell, Mark Danvers, Carl Bradshaw, Audrey Reid, Winston Bell, Lenford Salmon. Directed by Chris Browne. Aspect ratio: 4:3 (full-screen). Dolby Digital 5.1. 98 minutes. 1999. Palm Pictures 3023-2. R. $29.95.</I>

Jon Iverson  |  Feb 11, 2001  |  0 comments

Last week, <A HREF="">Hitachi</A> announced that, on April 10, it will release what it describes as the world's first 32-inch HDTV plasma TV, the W32-PD2100. The company says that this will be followed by the release of a second version of the set with a built-in BS (Broadcast Satellite) digital receiver on June 11. Both TVs will intitally be released in Japan. Hitachi says it is also planning to introduce a 37-inch HDTV plasma TV at a later date. Pricing for all models is to be announced.

Barry Willis  |  Feb 11, 2001  |  0 comments

In retail, they are called "loss leaders"&mdash;promotional items used as lures to generate more business. The <A HREF="">British Broadcasting Corporation</A> is considering giving away digital set-top boxes to subscribers as "seed" to help develop interest in digital television, according to public comments made February 8 by the organization's director general Greg Dyke.

Barry Willis  |  Feb 10, 2001  |  0 comments

The year 2001 wasn't a good one for <A HREF="">Philips Electronics NV</A>. On February 8, the Dutch electronics giant reported a massive $2.26 billion (2.6 billion euros) loss for the year, blaming slowing demand for both finished consumer goods and raw semiconductors. Philips is one of the few companies with an equal presence in both markets.