That introduction will eventually impact not only the blank videocassette
business, but ultimately even the CD-R business as DVD audio products enter the market.
4 million videocassettes
of its 1977 animated film ``The Rescuers'' after two frames depicting a woman's nude torso were inserted into the master copy.
Technicolor's Canadian operation will have the capacity to produce more than 45 million videocassette
units a year.
4%) Market Dollar sales Leading brands ** Manufacturer share (000) Sony V videocassette
Diamond Entertainment Corporation (the "Company"), dba e-DMEC, (OTCBB:DMEC), a leading dealer of videocassette
and DVD (Digital Video Disc) titles to the budget home video & DVD markets, announced today that the company is actively seeking potential acquisition candidates for the purpose of enhancing growth opportunities to increase shareholder value and liquidity.
The digital videocassette
(DVC), which is smaller than a pack of cigarettes, was introduced about two years ago and is gradually gaining acceptance as a compact format that reportedly renders a picture quality unequaled by any other consumer video format.
For now, DVD offers movie fans a chance to bring into their living rooms sound and video quality far above what has been available from conventional television and videocassette
recorders - all on a jazzy machine costing as little as $500, thanks to using essentially the same technology found in compact discs.
Technicolor Home Entertainment Services (THES), part of Thomson's Services division, provides complete DVD, CD and Videocassette
manufacturing and distribution services ranging from compression and authoring through to packaging, shipping and returns processing for leading Hollywood studios, independent rights holders, software developers, OEMs, game manufacturers, record labels, promotional agencies, direct marketers and more.
PATRICAN: "The household penetration of videocassette
recorders stands at 83% but growth in full-size videocassettes
has come from families buying their second or third unit.
That could spur a boom in sales as consumers trade aging videocassette
players for the new devices, which can play back a full-length movie on a disk the size of a music CD.
Diamond Entertainment Corporation develops, markets and sells videocassette
and DVD (Digital Video Disc) titles to the budget home video & DVD markets through national & regional mass merchandisers, department stores, drug stores, supermarkets, and other similar retail outlets.
It will take the DVD years to replace the videocassette
, if it ever does.