Word: dvd
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Dates: during 1997-1997
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...DVD Players After too many years spent watching movie studios and the electronics industry haggle over the arcane details of this high-tech successor to the CD and the vcr, consumers are finally thrilling to its dazzling sound and pictures. dvd was worth the wait. Now where's the software...
...Consumer Electronics Manufacturing Association, more than 15 million U.S. households enjoy the big pictures and booming Surround Sound that come with a wide-screen, 25-to-65-in. TV, an audio-video receiver, a front and rear set of speakers, hi-fi VCR and a LaserDisc or DVD player. Less than a decade ago, entertainment mavens had to shell out tens, even hundreds, of thousands of dollars for that kind of gear. Now newcomers can find complete, easy-to-install packages for $2,000 to $3,000--a price range that has helped the industry generate a record $9 billion...
...cable and broadcasters start to roll out high-resolution programming in the next few years, more viewers will find a reason to be immersed in a movie-theater environment. "The future of home theater is in digital TV," says Dataquest analyst Jonathan Cassell. At the same time, DVD, the next-generation successor to videotapes and CDs that is hitting the market, promises superior audiovisual quality. The final touch: futuristic flat-panel TVs that hang as elegantly on a wall as a Renoir...
...other important product battle is over the digital versatile disc (also known as the digital videodisc). DVD is being advertised as the answer to the CD, the videotape and the CD-ROM. DVD is also the focus of the biggest battle to create an international standard since vhs vs. Betamax (in which Idei was on the losing side). Sony and Philips had been working for years to come up with a video version of the CD that would replace videotape cassettes and take CD-ROM discs to a new level. But in 1993 Toshiba trumped Sony, at least...
...many business alliances as possible. Besides Grove at Intel, the Sony chief is spinning deals with Microsoft. Last April, Microsoft paid $425 million for WebTV Networks Inc., an Internet software provider that uses Sony hardware. IBM's Lou Gerstner could be a key partner in shaping a future DVD format. In May, through Idei's personal connections with Rupert Murdoch, another Sun Valley buddy, Sony announced it would cooperate with News Corp., Fuji Television Network and Softbank, the Japanese company that owns Ziff-Davis and the comdex computer shows, in a venture to start JSkyB, a 150-channel satellite broadcasting...