Barry Willis

Trekkers, rejoice! <A HREF="http://www.paramount.com">Paramount Home Video</A>, owner of the Star Trek franchise and Indiana Jones movies, will release open-format DVDs this year, the company announced Monday, April 27. The decision comes two weeks after <A HREF="http://www.blockbuster.com/">Blockbuster Music & Video</A> announced that it would begin a big push with DVD rentals. The growing popularity of DVD was a major factor in both decisions: Consumer-electronics industry analysts predict that there will be as many as one million DVD players in American homes by the end of 1998.

High-definition television will be synonymous with high-quality programming, if the nation's <A HREF="http://www.pbs.org/">Public Broadcasting Service</A> has anything to do with it. Last week, PBS launched its new age of HDTV with <I>Chihuly Over Venice</I>, a 90-minute documentary about Seattle glass artist Dale Chihuly. The beautifully filmed and expertly edited piece, assembled from 100 hours of raw footage, follows Chihuly and a crew of fellow artists through Italy, Ireland, Finland, and Mexico as they work with local glassblowers, creating sculptures and large-scale chandeliers for public places.

The year 2001 wasn't a good one for <A HREF="http://www.philips.com">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.

<A HREF="http://www.philips.com">Philips Electronics</A> has often tested the market for new products by introducing them under its Magnavox brand. In late February, the Dutch industrial giant announced that it would follow that tradition with the release of a $499 DVD+RW recorder wearing the Magnavox badge.