DVD Industry Ships a Record Three Billion DVDs Since Launch; More Than 100 Million DVD Players Sold to Date in the U.S.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Members of DEG: The Digital Entertainment Group met with top retailers and industry leaders today at the DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. Retail Summit during the VSDA VSDA Video Software Dealers Association Home Entertainment 2004 to announce that DVD continues to be one of the best selling home entertainment formats with robust sales for the first half of the year. Consumer enthusiasm for DVD, whether new blockbuster hits, the growing non-theatrical categories or music on DVD titles, has led the industry to ship 649 million DVD titles to retail in the first six months of 2004. This is a 52 percent increase over the same period last year according to figures compiled by Kaplan, Swicker and Simha on behalf of DEG: The Digital Entertainment Group. Since the format came to market in 1997, software shipments in North America have reached a whopping three billion units -- faster than any other home entertainment medium. There are currently some 34,000 DVD titles in release. NORTH AMERICAN DVD-VIDEO SOFTWARE SHIPMENTS BY QUARTER (in millions) QUARTER 1997 1998 1999 2000 2001 2002 2003 2004 --------------- ----- ------ ------ ------ -------- -------- --------- 1st Quarter N/A 3.3 11.1 29.0 69.2 120.1 231.7 332.2 --------------- ----- ------ ------ ------ -------- -------- --------- 2nd Quarter N/A 4.1 13.9 33.2 81.7 152.2 195.5 316.8 --------------- ----- ------ ------ ------ -------- -------- --------- 3rd Quarter 2.3 5.9 29.0 42.7 75.9 153.3 214.6 -- --------------- ----- ------ ------ ------ -------- -------- --------- 4th Quarter 3.2 11.8 44.0 77.5 137.6 259.4 381.5 -- --------------- ----- ------ ------ ------ -------- -------- --------- YEARLY TOTAL 5.5 25.1 98.0 182.4 364.4 685.0 1,023.3 649.0 --------------- ----- ------ ------ ------ -------- -------- --------- TOTAL 30.6 128.6 311.0 675.4 1,360.4 2,383.7 3,032.7 (SINCE (a/o LAUNCH) 6/30/04) --------------- ----- ------ ------ ------ -------- -------- --------- Figures compiled by Kaplan, Swicker & Simha on behalf of DEG: The Digital Entertainment Group "It is encouraging to see the continued excitement that consumers have for DVD, whether it be the early adopter who continues to be an avid collector or families who more recently began to embrace the format," said Bob Chapek, president, Buena Vista Home Entertainment and president, DEG: The Digital Entertainment Group. "The variety of top-selling titles demonstrates this insatiable enthusiasm across a number of genres, with the average consumer buy rate still at about 16 per household each year. This is unprecedented for a format, particularly as our installed base climbs well beyond half of all U.S. homes." APPROXIMATELY 13 MILLION DVD PLAYERS SOLD IN THE U.S. IN FIRST HALF 2004 According to figures compiled by the DEG based on data from the Consumer Electronics Association (CEA CEA carcinoembryonic antigen. CEA abbr. carcinoembryonic antigen CEA (Carcinoembryonic antigen) ), retailers and manufacturers, nearly 13 million DVD players were sold to consumers in the first half of 2004, a 25 percent increase over the same period last year. More than 103 million DVD players have sold since launch, bringing the number of DVD households to nearly 62 million -- adjusting for the 40 percent or 25 million DVD homes with more than one player. Homes with more than one DVD player have grown eight percent so far this year due to a variety of models meeting consumer demands, lower price points and continued consumer enthusiasm for the format. U.S. DVD HARDWARE SALES BY QUARTER (in millions) QUARTER 1997 1998 1999 2000 2001 2002 2003 2004 ---------- ----- ----- ------ ------ ------- ------- ------- --------- 1st Quarter .030 .094 .358 1.350 2.220 3.565 4.858 6.855 ---------- ----- ----- ------ ------ ------- ------- ------- --------- 2nd Quarter .079 .149 .611 1.435 2.404 3.750 5.506 6.057 ---------- ----- ----- ------ ------ ------- ------- ------- --------- 3rd Quarter .077 .244 .880 1.550 2.537 4.740 6.470 ---------- ----- ----- ------ ------ ------- ------- ------- --------- 4th Quarter .119 .459 1.701 5.542 9.501 13.058 16.900 ---------- ----- ----- ------ ------ ------- ------- ------- --------- YEARLY TOTAL .305 .946 3.550 9.877 16.662 25.113 33.734 12.912 ---------- ----- ----- ------ ------ ------- ------- ------- --------- TOTAL 103.099 (since (a/o launch) 6/30/04) ---------- ----- ----- ------ ------ ------- ------- ------- --------- Includes set-top and portable DVD players, Home Theater in a Box systems, TV/DVD and DVD/VCR combination players DEG: The Digital Entertainment Group "In just seven years, the DVD format has driven demand for prerecorded pre·re·cord tr.v. pre·re·cord·ed, pre·re·cord·ing, pre·re·cords To record (a television program, for example) at an earlier time for later presentation or use. Adj. 1. entertainment in ways never anticipated," said Mike Fidler, senior vice president, home products, Sony Electronics and vice president, DEG. "It is a key factor behind the industry's rapid migration to widescreen digital television, as well as the foundation for true high definition video platforms in the future." DEG: The Digital Entertainment Group is a Los Angeles-based, industry-funded nonprofit corporation nonprofit corporation n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. that advocates and promotes the many benefits associated with DVD while providing updated information regarding the format to both the media and the retail trade. The DEG also offers opportunities for member companies to engage in ongoing discussions concerning various issues and opportunities which relate to other new digital technologies that may emerge in the future. Regular members of the DEG are Buena Vista Home Entertainment, Columbia TriStar Home Entertainment, DreamWorks Home Entertainment, DTS (1) (Digital Theatre Sound) A digital audio encoding system used in movie and home theaters. Popularized by the movie Jurassic Park, the six-channel (5. Entertainment, EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC. Recorded Music, GoodTimes Entertainment, HBO Hyperbaric oxygen therapy (HBO) A form of oxygen therapy in which the patient breathes oxygen in a pressurized chamber. Mentioned in: Ozone Therapy Video, Hewlett Packard, Hitachi, Image Entertainment, JVC JVC Victor Company of Japan (or Japan's Victor Company) JVC Jewelers Vigilance Committee JVC Jesuit Volunteer Corps JVC Jet Vane Control (directs VLS-launched missiles) JVC Jonker-Volgenant-Castanon Company of America, Lions Gate Entertainment
in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. Home Entertainment, New Line Home Entertainment, Panasonic Consumer Electronics, Paramount Home Entertainment Paramount Home Entertainment (formerly Paramount Home Video) and (Paramount Video) is a home video company founded in 1976. It is a division of Paramount Pictures, which in turn is owned by Viacom. , Philips Consumer Electronics Philips Consumer Electronics is a part of Koninklijke Philips Electronics N.V. (usually known as Philips); and is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38. , Pioneer Electronics (USA), Sony Electronics, Sony Music Entertainment Sony Music Entertainment is a major global record label controlled by the Sony Corporation. In 1988, Sony Corporation acquired CBS Records, Inc. for $2 billion. CBS Inc., now CBS Corporation, retained the rights to the CBS name, and Sony renamed the label , Thomson, Toshiba America Consumer Products, Twentieth Century Fox Home Entertainment, Universal Music Group, Universal Studios Home Video and Warner Home Video Warner Home Video is the home video unit of Warner Bros. Home Entertainment Group, a division of Warner Bros. Entertainment, Inc. It was founded in 1978 as WCI Home Video (for Warner Communications, Inc.). It was re-named Warner Home Video in 1980. . Associate members are Alta Resources, Ascent Media, Broadcast Text, Deluxe Media Services, InterActual Technologies, Macrovision, Muze and Sony DADC DADC Denver Automotive & Diesel College DADC Digital Audio Disc Corporation DADC Digital Air Data Computer DADC destination area distribution center (US Postal Service; fee for bulk mail) . Potential members and interested consumers can reach the DEG at 310-967-2940, via e-mail at getinfo@digitalentertainmentinfo.com or through its web site at www.digitalentertainmentinfo.com. |
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