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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Mercer-Hursh who wrote (22576)4/12/2000 2:34:00 AM
From: D.B. Cooper  Read Replies (2) | Respond to of 54805
 
I know but who wants to be safe all the time.

From Thompsons press release
Revenues generated in Consumer Products reached 1,514 million Euros during the first quarter of 2000, an increase of 51.4%, compared to last year. This performance was driven by the Group?s leading positions in digital products, which continued to show significant growth during the period and represented one third of consumer product sales. Key highlights are:
? The Group shipped more than 1.4 million digital set-top boxes, a 176% increase compared to the first quarter of 1999. Digital satellite receiving systems from DIRECTV in the U.S showed strong demand. In Europe, the Group improved its positions, primarily due to sales to Canal+ initiated at the end of 1999.
? In DVDs, the Group reached record levels in the first quarter 2000, with more than 245,000 DVD players sold. The Group also experienced very successful sales of its cable modems, which have been certified for the third time in succession by CableLabs©.
? The Group witnessed growth in Europe, where TV market share improvements were fueled by a 77 % growth in widescreen 16:9 TV?s and projection TV?s driven by the success of the high-end Scenium range launched in October 1999. THOMSON-branded products sales increased by 70%.
? In the United States, the Group also enjoyed strong growth In Audio, Communications and accessories products. The Group?s TV business benefited fully from sharp growth in high-end product ranges.

Patents and Licensing posted a 67 million Euros revenue in the first quarter 2000. In the course of 1999, the Group decided not to recognize revenues on pending renegotiations. Revenue growth was 8.3% during the first quarter 2000 on a comparable basis.

Finally, the Group was very active in implementing its New Media Services strategy. New Media Services is focused on the deployment of interactive product and services enabling access to interactive and personalized services. During the quarter, TV?s featuring electronic program guides sold by the Group reached 2 million units. The GEMSTAR partnership was extended to both Europe and to the creation of the @TVMedia venture. The Group also announced that it will expand eBook reader hardware and service offerings in 2000. As planned, the Group will post service revenues in 2000.

THOMSON multimedia continues to anticipate double digit profitable growth for the year 2000.

"Our first quarter trend is a tremendous confirmation of our 99 success. Our profitable growth has clearly accelerated, thanks to our strong positions in digital entertainment products and improving trends in market share. We are also accelerating the implementation of our New Media Services strategy. The Group intends to be the first manufacturer linking consumers and content providers with a wide variety of interactive products and personalized services. Consumers are looking to THOMSON multimedia and its brands as the leader in electronic program guides, digital music offerings, and satellite entertainment products. This paves the way for continued growth in our activities in 2000," said Thierry Breton, Chairman and Chief Executive Officer of THOMSON multimedia.

thomson-multimedia.com

Now I did not know that GMST had signed a agreement covering Europe. So everyone is getting a little good news from this press release.

Good Luck

Don