Walt Disney Studios Will Enter DVD Market
ÿ
09/04/97
PR Newswire
(Copyright (c) 1997, PR Newswire)
ÿ
BURBANK, Calif., Sept. 4 /PRNewswire/ -- Industry leader Buena Vista Home Entertainment announced today that it is entering the DVD market in the U.S. and abroad, with product to be available in the U.S. as early as Christmas.
"We've carefully scrutinized the development of this new format at every turn, and we're impressed with the strides that have been made in both technology and security," said Michael 0. Johnson, president of Buena Vista Home Entertainment Worldwide. "We believe the timing is right to now offer Disney 's endorsement to this revolutionary format, which provides the highest quality, most advanced in-home entertainment experience. We're confident that our support of this technology will help foster its growth and consumer acceptance."
Buena Vista Home Entertainment's plans for overseas distribution will closely follow the availability of DVD hardware.
Buena Vista Home Entertainment Worldwide is a subsidiary of Disney Enterprises, Inc.
/CONTACT: Tania Moloney, 818-295-4455, or Marcelle Abraham, 818-295-4600/ 13:54 EDT |
