DVD SALES SALES UP 21% OVER LAST YEAR.Byline: Greg Hernandez Staff Writer Driven by such popular titles as ``Ray,'' ``Shark Tale'' and ``The Notebook,'' more than 400 million DVDs were shipped to retail stores during the first quarter of 2005, a 21 percent increase over a year ago, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. figures released Tuesday by the Digital Entertainment Group. DEG President Bob Chapek said strong player sales over the holiday season have enabled the entertainment industry to essentially create what he called ``a new fifth quarter,'' which continues the momentum from the robust fourth quarter. ``We are pleased to see new 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. owners so enthusiastic about their players and starting a DVD library,'' said Chapek, also president of Disney's Buena Vista Home Entertainment. ``Sex in the City - Season 6, Part 2,'' ``Troy,'' ``The Village'' and ``AVP AVP arginine vasopressin. : Alien Vs. Predator'' and were among the big sellers released in the weeks after the Christmas holidays, when DVD buying soars. There are now more than 43,000 DVD titles available and the total number of units shipped since the launch of the format in 1998 is more than 4.3 billion, the DEG reported. On the hardware side, more than 7.5 million DVD players A stand-alone device that plays DVDs. It contains a DVD drive and the electronics to decode the digital video. The device may play only manufactured DVDs, or it may be able to play DVD-R, DVD-RW and DVD+RW discs. DVD players are cabled to a TV or home theater system for display. were sold to consumers during 2005's first quarter, a 13 percent increase from 2004. That brings the number of DVD households to 73 million. Since many homes have more than one player, the actual number of set-top DVD players, portable DVD players A handheld device with a built-in DVD drive and flip-over lid that contains a screen, typically 6" to 10" in size. It may support rear seat passenger viewing, in which case the unit is hung upside down from the back of the front seat head rest, and a switch flips screen content 180 , DVD recorders (1) A recordable or rewritable DVD drive that is connected to the computer. It may be an internal or external device. See DVD drives, DVD-R, DVD-RW, DVD+R and DVD+RW. (2) and DVD/VCR combination players has surpassed 135 million and the DEG estimates that 80 percent of households in the U.S. will have at least one DVD player by the end of 2005. ``DVD is becoming ubiquitous,'' said DEG Vice President Jodi Sally of Toshiba America Consumer Products. ``We're seeing a shift from DVD players to DVD recorders now that those have now reached mass market pricing. People are trading up and we're seeing huge growth.'' In a separate report, Rentrak Corp. announced that video rentals and sales of previously viewed movies were up 3 percent in the first quarter when compared with 2004. Top-renting movies included the comedy ``Without a Paddle,'' ``Friday Night Lights'' and ``The Forgotten.'' Consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. from both traditional stores and online channels reached $2.44 billion, compared with $2.38 billion last year. Sales of previously viewed DVDs and VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. titles were up dramatically by 23 percent. Rental activity, both traditional and online, was up by less than 1 percent. ``While the VHS format is certainly on a downward trend, the market is being lifted by consumers' transference TRANSFERENCE, Scotch law. The name of an action by which a suit, which was pending at the time the parties died, is transferred from the deceased to his representatives, in the same condition in which it stood formerly. to DVDs and migration to online channels,'' said Brad Hackley, vice president of business development for Home Video Essentials at Rentrak. Greg Hernandez, (818) 713-3758 greg.hernandez(at)dailynews.com CAPTION(S): photo Photo: (color) ``Shark Tale'' and other hot titles have boosted DVD shipments by 21 percent over last year to more than 400 million units. DreamWorks Animation |
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