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Technology Stocks : C-Cube
CUBE 36.280.0%3:59 PM EST
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To: VidiVici who wrote (48683)3/16/2000 1:22:00 PM
From: VidiVici  Read Replies (1) of 50808
 
Study: DVD's To Replace Videocassettes By Decade's End

Sales of DVDs will continue to soar, overtaking sales of videocassettes by 2003, according to a study by Baskerville Communications released Tuesday. The London-based research group estimated that by 2010, spending on DVDs will reach $64.6 billion against $9.1 billion expected for 2000.

NOTE: We have continued to receive notes from overseas readers commenting on Monday's report about British companies that modify DVD players abroad so that they can bypass regional codes. The tampering allows customers to buy U.S. DVDs over the Internet and watch movies at home often before they are released in Britain theatrically. A reader in Hong Kong says that all DVD players there play disks from all regions. However, he writes, "It strikes me as ironic that in the capital of video piracy we can obtain DVDs from the USA as soon as they come out, whereas local Blockbuster stores... have to wait until the official Hong Kong release." A writer in Australia also wrote that in his country, "DVD players are routinely dezoned so owners can take advantage of zone 1 disks, simply because the zone 1 catalog is bigger and ... in many cases cheaper." Still another writer in Sweden remarks, "Almost every DVD player sold here can play all six regions. ... Movie studios can't afford to wait several months before releasing a new movie in Europe anymore. We just buy them on DVD."

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