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Technology Stocks : C-Cube
CUBE 39.12+1.1%12:18 PM EST

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To: BillyG who wrote (32076)4/10/1998 7:03:00 PM
From: John Rieman  Read Replies (3) of 50808
 
Warner pushing rentals...............................

newsalert.com

"The rapid growth in DVD households now makes DVD rental a
viable business opportunity for rental retailers," said Thomas
Lesinski, Warner Home Video senior vice president, marketing.
DVD players replay movies in a digital format offering
crisper pictures and clearer sound than videocassettes. They
also can offer movies in different languages and screen sizes,
all on a disc the size and shape of an audio compact disc.
Since being launched last spring, about 340,000 DVD players
have been sold to consumers, and over 1,000 movie titles have
been issued by the major movie studios, according to Warner.
But most of those DVD consumers have been buying movie
titles. The rental market is just now beginning to develop.
Prices and complete details of the program have yet to be
determined, a Warner spokeswoman said.
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