Audio Video News

The next generation disc format probably can't happen soon enough for Hollywood. Worldwide movie sales on DVD are likely to be reaching their peak, according to a recent report by In-Stat. Online rentals, computer downloads, video-on-demand services and even HDTV were cited as factors.

According to figures released last week by the <A HREF="http://www.cemacity.org">Consumer Electronics Manufacturers Association</A> (CEMA), an additional 900,000 DVD-Video players were shipped to retail in the third quarter of 1999, bringing total year-to-date hardware shipments to 2.2 million. The CEMA statistics also reveal that DVD-Video experienced approximately a 225% rate of growth in the third quarter of 1999 vs. the third quarter of 1998, shipping 600,000 more hardware units than shipped in the third quarter of 1998. CEMA estimates that total players shipped in 1999 will exceed 3 million units.

Several eagerly awaited special DVD releases are poised to hit the shelves in coming months. <I>American Beauty</I>, winner of five Academy Awards earlier this year, will debut on DVD on October 24. DreamWorks says that the film will be released in a special "Awards Edition," which will include a "storyboard" feature with commentary by director Sam Mendes and director of cinematography Conrad L. Hall, as well as a "Making of" featurette.

According to recent figures released by the <A HREF="http://www.cema.org">Consumer Electronics Manufacturers Association</A> (CEMA) last week, DVD-Video experienced continued growth during the first quarter of 1999. More than 360,000 players were shipped to retailers through March 26, with the <A HREF="http://www.dvdvideogroup.com">DVD Video Group</A> projecting that an additional 30,000 units would be shipped during the last week of March, bringing the quarter's total shipment to 390,000.

Many pundits have said that the computer will never make it into the family room, where the TV reigns supreme. They say it's too complicated, and consumers don't really want interactivity or crashing operating systems. But all it will really take is one or two killer applications or technologies, and the consumer-electronics world will get flipped on its head.

With enthusiastic backing from the movie industry, DVD-Video is beginning a strong climb to widespread popularity. More than 3000 titles could be available by the end of 1998, which is four times the number available in 1997, the format's first year.

According to market research and analysis firm <A href="http://www.in-stat.com">In-Stat</A>, the future of DVD looks bright despite the emergence of new digital delivery services, such as video-on-demand (VOD) and online downloading. The company's latest market-research report predicts that the worldwide value of all published DVD products will increase with a compound annual growth rate of 18.2%, from about $33 billion during 2004 to $76.5 billion by 2009.