August 29, 1996 |
Sony Corp. said Wednesday that it will delay introducing its digital videodisc player until the spring, citing a lack of movies to play on the new machine. Sony, along with other consumer electronics companies, had been hoping to ship digital videodiscs and players this fall, in time for the holiday shopping season. Disputes within the group of inventing companies over copyright protection, licensing and other issues have stifled the industrywide debut.
June 1, 1990 |
A unit of Pioneer Electronic Corp. bought a 10% interest in Carolco Pictures Inc., a leading independent producer of motion pictures, in a $60-million deal announced Thursday. The purchase gives the Japanese, who already own Columbia Pictures Entertainment, an even greater toehold in Hollywood. At the same time, Carolco will get a major infusion of capital. The deal calls for Pioneer LDCA Inc.
September 17, 1994 |
Apple Computer Inc., struggling to compete against the Intel-Microsoft juggernaut, on Friday revealed details of its long-discussed plan to license its technology and permit other companies to make clones of the Macintosh personal computer. But Apple did not say whether any companies had yet signed on, nor would it disclose what conditions would be attached to such licenses.
September 20, 1996 |
Philips Electronics said Thursday that it has agreed to license digital videodisc patents for several of the companies that had a hand in inventing the technology, clearing the way for DVD to debut in time for holiday shopping. The Dutch electronics company will act as a one-stop-shop for the DVD patents it holds as well as patents held by Sony Corp., Toshiba Corp. and Matsushita Electric Industrial Co. It will split the royalties according to a preset formula.
September 10, 1988 |
Casio Computer, the digital watch, calculator and computer manufacturer, is the latest Japanese company to see the advantage of U.S. trade agreements that encourage the location of manufacturing plant just over the U.S. border in Mexico. Casio has signed a letter of intent to buy nearly 14 acres of land in a Tijuana business park just south of the U.S.-Mexico border, and developers say Casio will build a maquiladora, as the foreign-operated assembly plants in Mexico are called.
February 23, 1995 |
The consumer electronics industry moved a step closer Wednesday to an all-out war over a new digital home video format as Sony Corp. declared that it will push forward with a videodisc technology it proposed in December with Philips Electronics. A rival digital videodisc technology developed by Toshiba Corp. and Time Warner Inc. and unveiled last month has gained the backing of a number of key players--including Matsushita Electric Industrial Co., Pioneer Electronic Corp. and Hitachi Ltd.
June 4, 1993 |
Trip Hawkins, chief executive of 3D0 Co., used the Consumer Electronics Show here Thursday to unveil the first software for the company's "interactive multiplayer," the multimedia machine that has captured Hollywood's imagination--and quite a bit of its money. The studio executives nearly stumbling over each other's feet at 3D0's crowded booth at the convention included Sony Pictures Entertainment Chairman Peter Guber, Paramount Technology President Keith Schaeffer, Warner Bros.
July 20, 1992 |
Japanese consumer electronics companies may be planning to use their investments in Hollywood movie studios to help rescue Japan's stagnant high-definition TV business. Five Japanese companies have agreed to make the film libraries of their studio partners and subsidiaries available on special laser discs that can be viewed on HDTV laser disc systems that will be sold in Japan, Kyodo News Service reported.
July 13, 1993 |
If image were everything, Chatsworth-based Image Entertainment Inc. would have it all. Investment analysts have long spoken glowingly about the laser-disc distributor, America's second-richest person, John Kluge, recently upped his ante in the firm to 38.2%, and the company has secured a host of exclusive licensing agreements with the likes of FoxVideo Inc., New Line Home Video, Orion Home Video and Disney's Buena Vista Home Video. Also, Japanese trading firm Mitsui & Co. Ltd.
December 23, 1991 |
A decade ago, when Martin Greenwald started Image Entertainment Inc., a Chatsworth laser disc distributor, "people literally laughed at us," he said. Today Image's investors--including America's richest man, John W. Kluge, who a holds 39% stake--aren't laughing, but they are still waiting for Image to turn a profit. Greenwald, an ex-stockbroker and former porno film distributor, said their wait is now over. And in an auspicious sign for the company, Walt Disney Co.