Monday, May 30, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Plextor To Showcase Its Gaming Grade SSDs at Computex 2016
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
SSD Adoption in Notebooks To Increase This Year As TLC NAND Market Matures
Samsung To Launch SamsungPay Mini Online Payments App
Facebook Publishers To Show Ads To Everyone
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > One-bil...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, July 17, 2002
One-billionth DVD to ship this month!


The one-billionth DVD is expected to ship to retail this month, according to the DVD Entertainment Group (DEG). With prerecorded videocassettes taking nearly 10 years to reach this level (Adams Media Research), this makes DVD the most successful format launch in the industry’s history.

More than 272 million DVD movies and music videos were shipped in the first six months of 2002, an 80 percent increase over the same period last year, according to figures compiled by Ernst & Young on behalf of the DEG.

Since the format’s start in 1997, software shipments in North America have reached over 947 million units.

"This is a format that has truly re-invigorated our industry on both the hardware and software ends of the business and is changing the way Hollywood makes movies and the way people watch them at home," said Bob Chapek, president, DVD Entertainment Group and president, Buena Vista Home Entertainment.

More than 16,000 titles are currently available and over 100 new DVDs are released each week.

In hardware news, nearly 50 percent of U.S. homes are expected to have DVD capability by the year’s end.

In the first half of 2002, 8.1 million DVD players shipped to retail, a 53 percent increase from last year, bringing total players shipped since the format's launch to 40 million. The DEG estimates that 20 million DVD players will ship to retail in 2002 alone.

Additionally, according to figures compiled by the DEG based on retail and manufacturer data, DVD players sold through to U.S. consumers have reached nearly 39 million, with the format currently in nearly 30 million households (adjusting for homes owning two or more DVD players).

"If growth continues at the current rate, DVD will be in more than 40 million households by the end of 2002," Reid Sullivan, DEG board member and Panasonic Consumer Electronics Co. vice president, entertainment group. "When you also include the growing number of PCs with DVD-ROM drives and game consoles with DVD capability, nearly 50 percent of U.S. homes will have the format by year-end."


Previous
Next
EPO starts selling 60X CD-ROM drive!        All News        EPO starts selling 60X CD-ROM drive!
EPO starts selling 60X CD-ROM drive!     Optical Storage News      EPO starts selling 60X CD-ROM drive!

Get RSS feed Easy Print E-Mail this Message

Related News
U.K. Physical Media Market To Keep Falling In Q3 2015
DVD Players, Digital Cameras Will Soon Have The Fate Of Your Old TV
Panasonic To Close DVD-player Factory In Slovakia
Optical Disc Sales Down
DVD And Blu-ray Discs Remain Popular in Britain
DVD CCA Ends Litigation with Kaleidescape
DVD Writer and Media Market Keeps Shrinking
DVD And Blu-ray Discs Remain Preferred Sources of Video Content
DVD FLLC To Run 2013 Market Inspection Tests
DVD6C Lowers Royalty Rates for DVD Read-only Discs
DVD6C Files Lawsuit Against CDI Media
DVD6C Terminates Patent License Agreement with Canadian Premium Disc

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .