Consumers apparently paid no attention to the habitual summer slump that affects electronics dealers, according to sales statistics released August 15 by the <A HREF="http://www.ce.org">Consumer Electronics Association</A> (CEA).
With a little encouragement, electronics retailers will typically knock 10% off big-ticket items in order to make a sale. In an unusual move, <A HREF="http://www.zenith.com">Zenith</A> has decided to prime the sales pump from the top by reducing the suggested list price on its new 60" plasma display panel (PDP)—from $27,999 to $24,999 as of August 16. The PDP, model DPDP60W, is scheduled to ship to dealers this month.
<A HREF="http://www.ti.com">Texas Instruments</A> continues to push the envelope of high definition video. On August 8, the Dallas-based technology company announced a new version of its HD-1 Digital Micromirror Device (DMD). The semiconductor chip is the heart of TI's Digital Light Processing (DLP) technology, considered by many to be the best choice for creating high-quality images.
Satellite television subscribers will soon be able to take advantage of a new satellite-based Internet service being rolled out by two subsidiaries of <A HREF="http://www.hughes.com"> Hughes Electronics Corporation</A>.
The world's largest video rental chain wants to renegotiate its video supply agreements with Hollywood film studios. In late June, <A HREF="http://www.blockbuster.com">Blockbuster Inc.</A> chairman John Antioco announced to Wall Street analysts that his company is reassessing its distribution deals with the studios—including possibly letting some deals lapse when renewal time comes.
Last week, <A HREF="http://www.samsung.com">Samsung</A>, <A HREF="http://www.sears.com">Sears</A>, and <A HREF="http://www.cbs.com">CBS Television</A> announced a partnership that will allow fans to watch a full season of college football games in HDTV. The agreement marks the first time a full season of college football will be broadcast in HDTV, as well as the first time a retailer, broadcaster, and manufacturer have joined forces to jointly promote HDTV usage.
According to figures recently compiled by the <A HREF="http://www.dvdinformation.com">DVD Entertainment Group</A>, DVD hardware and software sales continued on a strong upward curve in the first six months of 2001. In the first half of the year, the DEG reports, more than 5 million DVD players were shipped to retailers (not all have sold through to consumers), bringing the total units shipped since the format's launch to 20.4 million. Just over 3 million players had been shipped by the same time last year.
June was the third consecutive month of increases in sales of digital video products, according to figures released July 18 by the <A HREF="http://www.ce.org">Consumer Electronics Association</A>.
<A HREF="http://www.echostar.com">EchoStar Communications</A> has posted some positive numbers in the wake of its recent announcement of a joint HDTV venture with CBS.
Last week, <A HREF="http://www.dolby.com">Dolby Laboratories</A> announced that Home Box Office's primary channel will debut programming in Dolby Digital 5.1 with the pay network's premiere of <I>The Perfect Storm</I>. Dolby claims that the movie, which begins airing Saturday, July 14, is the first of many films and other programming to be broadcast by HBO in Dolby Digital 5.1-channel audio.