Word: cd
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Dates: during 1990-1999
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...journalism colleagues (no, we aren't immune to this kind of folly) asking a high financial official whether he could foresee price increases and interest rates ever falling below 10%-and expressing shocked disbelief when the official answered yes. I wonder if my colleague remembered that exchange when CD rates dropped below 3% a bit more than a year...
...some 85% of U.S. homes with television sets also have VCRs, generating nearly $10 billion in annual videotape rentals in a market that did not exist 20 years ago. The compact disc rejuvenated the recorded-music industry, winning new listeners for both Mozart and Jimi Hendrix, just as the CD-ROM promises to turn home computers into powerful outlets for entertainment...
...changed. We moved from the record to the CD-ROM age and you can tell," Gabai says. "It was a hippie crowd back then and now the crowd is still funky, but more sophisticated...
Sony and Philips, meanwhile, are trying to wring television-quality video out of compact discs. The two companies, which collaborated to set the standard for music CDs, have come up with a formula that crams 135 minutes of vcr-quality video onto a standard-size CD -- enough to show 97% of the movies now being rented for vcrs, according to a Sony spokesman. Hollywood should love the idea, since the discs are a lot cheaper to make than videotapes and a lot harder to copy, but other equipment manufacturers haven't agreed to adopt the proposed standard...
...Many have lamented the loss of the LP, and with it comparatively vast acreage for album-cover art. True, no CD packaging on the market today can match the eye-dazzling splendor of original pressings of Frampton Comes Alive. But CDs are becoming miniworks of art, as our favorite recent examples attest...