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Technology Stocks : C-Cube

CUBE 36.64

-0.5%

Dec 5 9:30 AM EST

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To: DiViT who wrote (34220)	7/8/1998 9:33:00 PM
From: John Rieman	Read Replies (2) of 50808

Warner is making money on DVD titles......................... -------------------------------------------------------------------------------- Warner Home Video's DVD revenues top $100 million Copyright c 1998 Nando.net Copyright c 1998 Reuters News Service LAS VEGAS (July 8, 1998 8:27 p.m. EDT nandotimes.com) - Warner Brothers Home Video has generated more than $110 million in revenues from selling its new digital videodiscs, or DVDs, its president said on Wednesday. Speaking at a luncheon associated with the Video Software Dealer's Association trade show here, home video President Warren Lieberfarb said the "good news" about the sales level comes as the emerging product faces new competition. DVD is a new technology designed to play back movies, much like videotapes play in VCRs. But the new digital medium offers a crisper picture and clearer sound. Warner and several other studios began selling DVD in seven test markets in spring 1997 and followed with a national launch last summer. Many experts believe DVD will eventually replace VCRs in homes around the country. Warner has been one of the most vocal proponents of the technology. More................. techserver.com

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