June 21, 2003 |
Are VHS tapes about to join vinyl albums in the dustbin? In the latest sign of the rise of digital media, weekly DVD rentals exceeded videocassettes last week for the first time, according to the Video Software Dealers Assn. The trade organization said an estimated 28.2 million digital videodiscs were rented for the week ended June 15, outpacing 27.3 million VHS rentals.
September 11, 2001 |
Dramatizing a rapid shift in consumer electronics, Blockbuster Inc. announced Monday that its stores will dump one-fourth of their VHS tapes to make room for more profitable digital videodiscs. Blockbuster will take a $450-million charge against earnings to cover the inventory overhaul. The announcement was the latest in a series of moves and countermoves by Hollywood studios, which rely heavily on video rental revenue, and Blockbuster, the dominant source of those rentals.
December 29, 1999 |
A DVD industry group said Tuesday it has filed suit against dozens of Web site operators for allegedly posting a DVD copying program that the group says is illegal and could destroy the fast-growing new format. At the heart of the complaint is a program written by a Norwegian programmer that foils the encryption that prevents DVDs, or digital videodiscs, from being copied.
August 31, 2000 |
Hollywood's hopes that the DVD format would prove harder to pirate than videos and CDs are being badly dashed in China and other parts of Asia, where DVD piracy has emerged on a major scale. China's experience shows that DVD piracy, once seen in the West as largely a hypothetical threat, is both possible and profitable.
March 12, 2007 |
DVDs featuring new movies are coming out faster than ever. The average time between the premiere of a movie at the multiplex and its appearance on DVD shrank an additional 10 days last year, further unnerving theater owners who believe that the tightening window threatens their business. The revelation from a new study is likely to further shake exhibitors when it is formally unveiled this week by the National Assn. of Theatre Owners at the industry's annual ShoWest convention in Las Vegas.
August 6, 2001 |
Southern California has emerged as an international hub of a multibillion-dollar business that didn't even exist five years ago: the production of digital videodiscs, or DVDs. With a handful of major manufacturers clustered around Hollywood studios, the region has more production capacity than anywhere in the United States, if not the world. One in five of the 730 million DVDs sold last year were made in California, according to London consulting firm Understanding & Solutions.