[opendtv] PR: Nearly One Billion DVDs Shipped to Retail This Year
- From: Craig Birkmaier <craig@xxxxxxxxx>
- To: OpenDTV Mail List <opendtv@xxxxxxxxxxxxx>
- Date: Wed, 20 Oct 2004 08:35:52 -0400
Nearly One Billion DVDs Shipped to Retail This Year
October 20, 2004 12:00am
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Oct. 19, 2004-- DVD=20
Players in More Than 63 Million U.S. Homes
DEG: The Digital Entertainment Group announced=20
DVD hardware and software sales figures for the=20
third quarter at today's TV on DVD Conference.
According to figures compiled by Kaplan, Swicker=20
& Simha on behalf of the DEG, approximately 340=20
million DVDs shipped in the third quarter of=20
2004, a 59 percent increase over the same period=20
last year. Setting another DVD record, nearly one=20
billion discs shipped so far this year, bringing=20
the total number of DVDs shipped since launch to=20
more than 3.3 billion.
The holiday selling season is anticipated to=20
provide another record-breaking fourth quarter=20
for the popular home entertainment format,=20
supported by new releases of more than $4 billion=20
of box office hits. In addition to these=20
blockbuster films, a variety of genres such as TV=20
series, classics, special interest and music=20
titles continue to fuel DVD sales with nearly=20
38,000 titles currently available.
"The unprecedented growth of the DVD format is a=20
true testament of the partnerships between the=20
hardware, software and retail industries," said=20
Bob Chapek, president, DEG, and president, Buena=20
Vista Home Entertainment. "In the coming years,=20
those alliances will be put to the ultimate test=20
in defining the next generation of players. As=20
all of our industries have learned from the DVD=20
format, these cooperative efforts are the only=20
thing that will help the next generation to grow."
Strong Hardware Sales Continue, Ramping up for 4th Quarter
According to figures compiled by DEG: The=20
Digital Entertainment Group, based on data from=20
the Consumer Electronics Association (CEA),=20
retailers and manufacturers, the consumer=20
electronics industry experienced its strongest=20
third quarter ever, with nearly 6.6 million DVD=20
players sold to U.S. consumers. Nearly 110=20
million DVD players have sold since launch=20
(including set-top and portable DVD players,=20
Home-Theater-in-a-Box systems, TV/DVD and DVD/VCR=20
combination players), bringing the number of DVD=20
households to over 63 million. Currently, 42=20
percent of all U.S. DVD households have two or=20
more DVD players.
"As the consumer electronics industry continues=20
its transition to high definition, DVD remains=20
the principal driver by bringing the benefits of=20
high quality video and audio to the widest=20
possible audience," said Mike Fidler, vice=20
president, DEG, and senior vice president, Home=20
Products Division, Sony Electronics. "In=20
addition, the ever expanding range of DVD=20
lifestyle applications is creating a variety of=20
new business opportunities for us all."
DEG: the Digital Entertainment Group (formerly=20
the DVD Entertainment Group) is a Los=20
Angeles-based, industry-funded nonprofit=20
corporation that advocates and promotes the many=20
benefits associated with DVD while providing=20
updated information regarding the format to both=20
the media and the retail trade. The DEG offers a=20
forum for member companies to engage in ongoing=20
discussions concerning various issues and=20
opportunities, which relate to other new digital=20
technologies that may emerge in the future.
Regular members of the DEG are Anchor Bay=20
Entertainment, Buena Vista Home Entertainment,=20
Columbia TriStar Home Entertainment, DreamWorks=20
Home Entertainment, D&M Holdings, DTS=20
Entertainment, EMI Recorded Music, GoodTimes=20
Entertainment, Hewlett Packard, Hitachi, Image=20
Entertainment, JVC Company of America, Lions Gate=20
Entertainment, MGM Home Entertainment, New Line=20
Home Entertainment, Panasonic Consumer=20
Electronics, Paramount Home Entertainment,=20
Philips Consumer Electronics, Pioneer Electronics=20
(USA), Sony Electronics, Sony Music=20
Entertainment, Thomson, Toshiba America Consumer=20
Products, Twentieth Century Fox Home=20
Entertainment, Universal Music Group, Universal=20
Studios Home Video and Warner Home Video.
Associate members are Alta Resources, Blink=20
Digital, Broadcast Text, Deluxe Media Services,=20
InterActual Technologies, Macrovision, Sonopress,=20
Sony DADC, Technicolor and Universal Studios=20
Operations Group.
Interested consumers can reach the DEG at=20
310-967-2940, via e-mail at=20
getinfo@xxxxxxxxxxxxxxxxxxxxxxxxxxxx or through=20
its web site at www.digitalentertainmentinfo.com.
CONTACT: DEG: The Digital Entertainment Group=20
Emily Bradley, 310-967-2953 KEYWORD: CALIFORNIA=20
INDUSTRY KEYWORD: MOTION PICTURES ENTERTAINMENT=20
COMPUTERS/ELECTRONICS RETAIL CONSUMER/HOUSEHOLD=20
SOURCE: DEG: The Digital Entertainment Group=20
Copyright Business Wire 2004 .end=20
(paragraph)<<Business Wire -- 10/19/04>>
<< Copyright =A92004 Business Wire >>
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