JVC to Include Divx Player in DVD Line
ELMWOOD PARK, N.J., Jan. 16 /PRNewswire/ -- JVC Company of America, one of
the world's leading manufacturers of consumer electronics, announced today
that it will manufacture DVD players which include the new Divx feature, an
enhancement that gives consumers additional choices to enjoy digital home
movie entertainment.
"JVC is currently celebrating our 70th Anniversary. Our success reflects
a commitment to staying on the cutting edge of home consumer technology and
our ability to accurately assess and produce quality products and features
that offer consumers what they want to purchase," said Harry Elias, Executive
Vice President and C.O.O. of JVC Company of America. "We believe that
manufacturing DVD players with the Divx feature gives our customers more
versatility while broadening the choices available in DVD technology."
The Divx system allows consumers to purchase a special, encrypted movie
disc for about $4.50. [Or $5-7???] The price includes a two-day viewing period that
begins, not when the consumer leaves the store, buy only when he or she
inserts a disc into a Divx player and pushes play for the first time, either
on the day of purchase, the next week, or months away. Divx plans to make an
ample inventory of each title available so the consumer can conveniently
purchase discs for future play. Discs never have to be returned and so the
consumer can incur no late fees for a video rental. A Divx player will play
all standard DVD discs, but players without the Divx feature will not play the
more modestly priced Divx discs.
JVC anticipates that its Divx-enhanced DVD players will be available to
consumers through authorized JVC dealers within a year.
Disney's Buena Vista Home Entertainment, Paramount, Universal and
DreamWorks have agreements to make titles available for release on Divx discs.
Close to 500 titles are expected to be available during the product's first
year.
Divx players also enable movie enthusiasts to both purchase additional
viewing periods at reduced costs over initial purchases and convert most
titles to unlimited viewing. All transaction information is recorded through
a phone line connection from the player to the Divx transaction processing
center. No phone connection is required to play a Divx disc. Digital Video
Express, LP is making the Divx capability available to JVC.
JVC, headquartered in Elmwood Park, New Jersey, is a leading consumer
electronics manufacturer. The company distributes a complete line of video
and audio equipment including camcorders, VCRs, color televisions, home and
portable audio equipment, mobile audio and blank tapes. For more information
on JVC consumer products, contact Nancy Fleming Bird or Arlene Rupp at
201-794-3900 or visit JVC's web site at www.jvc.com.
SOURCE JVC Company of America
/CONTACT: Nancy Fleming "Rare" Bird of JVC Company of America, 201-703-4054, or
nbird@jvc.com/
/Web site: jvc.com
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