A bout of box-office flops might have run its course at <A HREF="http://www.universalpictures.com/">Universal Pictures</A>. <I>The Mummy</I> has surprised skeptics by pulling in more than $118 million in ticket sales through the week of June 4. The remake of the classic horror flick is helping to pull the struggling studio out of its prolonged slump. The film division of <A HREF="http://www.seagram.com/">Seagram Ltd.</A> was the conglomerate's worst-performing division last year.
DVD's early adopters were almost entirely technophile males, and their tastes in films were completely predictable: action and science fiction. Now that DVD players are finding their way into more homes, the popularity of other film genres in the digital format is growing.
We've all heard of electronic devices so advanced they do everything but make your breakfast. However, you can almost smell the bacon frying with <A HREF="http://www.echostar.com/">EchoStar</A>'s DishPlayer. The price? Try two hundred bucks.
Move over, TiVo. Step aside, ReplayTV. Canada's <A HREF="http://www.mgisoft.com/">MGI Software</A> has introduced new software that will turn Pentium III computers into digital VCRs. The development was announced in mid-May at the Electronic Entertainment Expo '99 in Los Angeles.
The race for home networking could be over before it really begins. On May 11, <A HREF="http://www.enikia.com/">Enikia Inc.</A> demonstrated a working model of a 10-megabit-per-second network using active AC powerlines as the medium. The demo took place at the Networld + Interop gathering in Las Vegas, a confab for the networking industry.
Lately, the movie business has been nothing but trouble for <A HREF="http://www.seagram.com/">Seagram, Ltd.</A> The Montreal-based liquor and entertainment conglomerate reported losses totaling $199 million on a net income of $461 million for its third fiscal quarter, ending March 31.
While the music industry reels from the explosion of freely traded music on the Internet, the looming possibility of a video equivalent has made Hollywood extremely interested in a small startup company in Pittsburgh, Pennsylvania. <A HREF="http://www.sightsound.com/">Sightsound.com</A>, as it was named by partners Authur Hair and Scott Sander, has what appears to be a secure patent on technology for digitally downloading movies over the Internet.
Direct broadcast satellite (DBS) television service might soon gain a competitive edge against cable, thanks to broadcasting-reform legislation passed by the US House of Representatives on Tuesday, April 26. The bill, which won near-unanimous approval in a vote of 422 to 1, lifts restrictions on the transmission of local television signals by satellite services, which is one of the primary advantages held by cable companies. Representative Robert Brady (D-PA) cast the sole dissenting vote. So-called "local-into-local" retransmissions are banned by the <A HREF="http://www.fcc.gov/">Federal Communications Commission</A>, whose arcane regulations have been upheld by Federal judges, as happened in Miami last month in a <A HREF="http://www.guidetohometheater.com/shownews.cgi?392">case</A> brought by major networks against <A HREF="http://www.directv.com/">DirecTV</A>.
TV fans "will never have to miss another minute of their favorite shows," said Larry Chapman, executive vice president of <A HREF="http://www.directv.com/">DirecTV</A>, in announcing his company's investment in <A HREF="http://www.tivo.com/">TiVo Inc</A>. The direct-broadcast satellite (DBS) provider has bought a 10% interest in TiVo as part of its campaign to expand its line of services.
The television-broadcasting industry is undergoing a metamorphosis. Some observers at last week's <A HREF="http://www.nab.org/">National Association of Broadcasters</A> convention in Las Vegas called it a "generation change" embodied by a new group of energetic "digital content providers"---with a different concept of entertainment---gradually replacing older producers and executives. Other reporters have pointed to technological developments such as high-definition TV and the nascent trend toward interactivity as motive forces behind the 60-year-old industry's growing transformation.