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To: Steve Fancy who wrote (45849)10/6/1999 4:50:00 PM
From: John Rieman  Read Replies (1) | Respond to of 50808
 
US DVD player sales reach 2.2M units by the end of September. That projects to over 3.5M in the US this year, and well over 7M units world wide......................

dvdinsider.com

VHS Can?t Touch This! - 10/6/99

An additional 900,000 DVD Video players were shipped to retail in the third quarter, bringing the total year-to-date hardware shipments to 2.2 million, according to figures compiled by the Consumer Electronics Manufacturers Association (CEMA).

DVD Video experienced approximately a 225 percent rate of growth in the third quarter of 1999 versus the third quarter of 1998 -- shipping 600,000 more hardware units than shipped in the third quarter of 1998.

For the first nine months of 1999, shipments reached 2.2 million units, an increase of 1.6 million units over the same period in 1998, representing a rate of growth of more than 300 percent. CEMA estimates that total players shipped in 1999 will exceed 3 million units.

"The strong consumer demand for DVD Video is unabated," said Emiel N. Petrone, chairman of the DVD Video Group and executive vice president of Philips Entertainment Group, a unit of Philips Electronics. "DVD Video continues to grow in leaps and bounds, making it the fastest-growing home-entertainment product in history."

Available to consumers for approximately 2-1/2 years, the DVD Video installed base has already reached 3 million players. The total installed base is expected to reach nearly 4 million by year-end.

According to figures released Tuesday by the DVD Video Group, nearly 55 million discs have been shipped to retail thus far in 1999. More than 110 million DVD Video movies and music-video titles have been shipped to retail since the format launched in spring 1997. The figures were compiled by the accounting firm of Ernst & Young LLP and are part of a series of research projects conducted for the DVD Video Group. The DVD Video Group software member companies provided the requested information directly to Ernst & Young LLP, which compiled the data. The participating companies account for more than 90 percent of the North American DVD Video software market.

Disc sales are expected to remain strong throughout the year, as witnessed by the more than 200 new titles being released each month. Currently, there are more than 4,000 titles available, and the DVD Video Group projects that by the end of 1999 there will be nearly 5,000 available for rental and sell-through.