Network television may be on the decline, but the film industry is stronger than ever. American movie fans bought almost $3 billion worth of movie tickets over the summer of 1999, exceeding the all-time high of $2.6 billion, set the previous year. This year, 11 movies pulled in more than $100 million each, and ticket sales for the year to date are up 6%.
Competition in the personal video recorder market heated up considerably on September 8, when <A HREF="http://www.sony.com/">Sony Corporation of America</A> announced that it had made an equity investment in <A HREF="http://www.tivo.com/">TiVo, Inc</A>. TiVo is a Sunnyvale, California-based maker of personal video recorders (PVRs), a new category of product using hard-disk technology for time-shifting television viewing.
According to a report issued last week by <A HREF="http://www.alliedworld.com">Allied Business Intelligence</A>, a worldwide conversion from traditional analog broadcasts to digital images is creating a windfall for those producing consumer set-top boxes. Findings in the report, "Digital Set-Top Boxes: World Markets, Architectures, and Vendors," also indicate that the global installed base of digital set-top boxes will reach 252 million units by the end of 2004. The report states that two key factors driving the demand will be the use of digital set-top boxes by both DBS and cable subscribers. Growth in terrestrial digital TV decoder boxes is likely to be significantly slower, according to the research.
The recently released "World DVD Planning Report" is predicting that US sales of DVD software this year will reach 57 million discs (worth $1.5 billion), and that by 2005 more than 1.3 billion discs will be shipped annually (worth $36 billion). Annual sales of DVD players are predicted to reach 9.1 million units in 1999, a growth rate of 128%, and will continue to soar, reaching 52 million by 2005. More forecasts: Video titles currently account for over 90% of the software market, but by 2005 their share will have fallen to 43%, while DVD-ROM will account for 28% and games formats 24%.
Hayward, California-based <A HREF="http://www.runco.com/">Runco</A>, one of the premier manufacturers of video projectors, has announced the VX1, a high-brightness, high-resolution projector that the company claims is about the same size and weight as much-lower-resolution LCD projectors. The VX1 is based on <A HREF="http://www.ti.com/">Texas Instruments</A>' one-chip Digital Light Processor (DLP) technology.
One of the most respected makers of video projectors is back in action. On August 31, Vidikron of America announced that it has been sold by its parent company, Vidikron Technologies Group, Inc., to a group of international financial investors. Vidikron of America is now an independent company for the first time in its 11-year history. The investment group backing the company has access to funding in excess of $250 million, according to VOA's public relations agency, JB Stanton Communications, Inc.
Because they missed their opportunity to distribute the original film the first time around, <A HREF="http://www.cinemanow.com/">CinemaNow</A> and <A HREF="http://www.trimarkpictures.com/">Trimark Pictures</A> announced last week that they have acquired all rights to several spoofs of <I><A HREF="http://www.blairwitch.com/">The Blair Witch Project</A></I>, with negotiations already underway to acquire several more. The original <I>Blair Witch</I> film has been put on a fast-track schedule for release on DVD in time for Halloween, including the requisite "Newly Discovered" footage, Internet links, and other special features.
When we reviewed Pioneer's flagship Elite DV-09 DVD player in our September 1998 issue, it blew us away so much that it garnered an Editors' Choice award (see the February 1999 issue) as the best DVD player we had reviewed up to that time. This opinion has not changed in the intervening months, but at $2000, the DV-09 is more than many home-theater fans can afford (or justify) for a DVD player. The Elite DV-05, introduced earlier this year, provides many of the features and most of performance capabilities of the DV-09 at a more affordable price.
California's Assembly Appropriations Committee has unanimously voted in favor of legislation that will treat celebrities' images as copyrighted property. SB 209, nicknamed "the Astaire Bill," was passed 30-1 by the state's Senate on April 5, and will now move to the full Assembly for a final vote.