Audio Video News

Money changes everything. <A HREF="http://www.circuitcity.com/">Circuit City</A>, parent company of <A HREF="http://www.divx.com/">Divx</A>, has enjoyed a stock run-up recently due to rumors of a possible equity partnership deal with video-rental chain <A HREF="http://www.blockbuster.com/">Blockbuster</A>. In the deal, Viacom-owned Blockbuster would buy into Divx, considerably strengthening the pay-per-view startup's financial footing and giving it instant credibility in the video-rental market. Blockbuster has more than 600 stores nationwide.

Hayward, California-based <A HREF="http://www.runco.com/">Runco</A>, one of the premier manufacturers of video projectors, has announced the VX1, a high-brightness, high-resolution projector that the company claims is about the same size and weight as much-lower-resolution LCD projectors. The VX1 is based on <A HREF="http://www.ti.com/">Texas Instruments</A>' one-chip Digital Light Processor (DLP) technology.

I've always been impressed with Sam Runco's familial attitude toward his employees and dealers as well as the consumer-electronics press corps and even the entire industry. This attitude is especially evident during his company's annual spring retreat in Mexico, held this year at the Meli&#225; Cabo Real resort on the Sea of Cortez, halfway between Cabo San Lucas (famous home of Sammy Hagar's Cabo Wabo bar and tequila business) and the lesser-known but much more quaint San Jose del Cabo. Not only does Runco invite his top 10 dealers and a few fortunate journalists, he encourages them to bring their families, stressing the importance of making and maintaining personal connections within the CE community.