Last week, <A HREF="http://jvc.com">Victor Company of Japan</A> announced that it has developed a new copyright-protection system for prerecorded D-VHS content, as well as for in-home analog and digital recording. JVC says that the copyright-protection feature will be included within the D-VHS standard and adds that "this new standard makes it possible to develop and produce prerecorded HD (High Definition) video content as well as add momentum to the development of D-VHS hardware products."
Plasma screens are among the most promising current video technologies. Most consumers who’ve seen them say they'll buy—when the prices drop.
Some consumer-electronics manufacturers are plunging ahead with increased production and new models of digital television sets, despite continuing controversy about broadcasting standards and a scarcity of high-definition programming.
Large electronics makers are in a fierce battle to dominate the emerging market for digital television sets. Tactics include better features and bigger screens at unprecedented prices.
Last week, <A HREF="http://www.panasonic.co.jp/global/top.html">Matsushita</A>, known to most consumers by its <A HREF="http://www.panasonic.com">Panasonic</A> brand name, announced the establishment of the Panasonic Hollywood Laboratory in Universal City, CA. The company says that the new lab, a division of Panasonic Technologies, will conduct research and development on "next-generation digital video compression and technologies" for broadband distribution of video and other digital content.
Predicting a sharp increase in demand for plasma display panels (PDPs), <A HREF="http://www.panasonic.co.jp/global/">Matsushita Electrical Industrial Co. Ltd</A>. has entered a partnership with Tokay Industries, Inc. to build another PDP plant in Osaka, Japan, according to a May 21 announcement.
The electronics world was astounded when the Digital Versatile Disc appeared, offering more than six times the storage capacity of standard compact discs. The trend toward ever greater data capacity continues, to the delight of engineers and technophiles everywhere.
Last week, <A HREF="http://www.variety.com/"><I>Variety</I></A> reported that, in celebration of its 75th anniversary, MGM intends to re-release several James Bond classics spanning the last 37 years. The company says it will release 19 of its Bond films as special editions on DVD and VHS in three installments beginning on October 19 of this year, culminating with the DVD release of the newest Bond film, <I>The World is Not Enough</I>, by the end of 2000. The new film, staring Pierce Brosnan as Bond once again, is slated to hit theaters November 19, 1999, in time for the holiday season.
On October 22, <A HREF="http://www.seagram.com">The Seagram Company Ltd.</A> and <A HREF="http://www.mgm.com">Metro-Goldwyn-Mayer Inc.</A> (MGM) announced that they have entered into an agreement in principle to transfer certain library assets of PolyGram Filmed Entertainment (PFE), a unit of PolyGram N.V., to MGM's wholly owned subsidiary, Orion Pictures Corporation, following Seagram's pending acquisition of PolyGram. The purchase price for the library will be $250 million, of which $235 million will be paid in cash at the closing in January 1999; the remaining $15 million will come from the library's cash flow prior to closing.