Barry Willis

Personal video recorder pioneer <A HREF="http://www.replayTV.com/">ReplayTV</A> has decided to abandon the product category it co-created last year with competitor <A HREF="http://www.tivo.com/">TiVo, Inc</A>. The Mountain View, California-based company will concentrate instead on licensing its technology to cable providers and hardware maanufaturers for inclusion in a new generation of set-top boxes.

Size is definitely an advantage in commodity retailing. In an antitrust suit begun in mid-June, the7800-store chain <A HREF="http://www.blockbuster.com">Blockbuster, Inc.</A>&mdash;the world's largest video retailer&mdash;admitted that it has an advantage over its smaller competitors, but claimed no wrongdoing in the process of negotiating favorable revenue-sharing deals with Hollywood studios.

R<I>obert De Niro, Sharon Stone, Joe Pesci, James Woods. Directed by Martin Scorsese. Aspect ratio: 1.85:1. Dolby Digital 5.1. 179 minutes. Univeral 20159. Rated R. $26.98.</I>

As applied to Hollywood's profits and losses, creative writing could soon become a much more difficult craft. On September 18, a new set of strict accounting guidelines for film studios was taken under consideration by the Financial Accounting Standards Board, a movie-industry panel that establishes rules for accountants. The new standards are designed to bring Hollywood accounting more into line with standard business practices, or "to make the balance sheet tighter, more representationally faithful," as Standards Board project manager Frank Scheuerell puts it.