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To: John who wrote (28245)	1/19/1998 11:25:00 AM
From: BillyG	Respond to of 50808

DVD Video Group Anticipates Continued Growth in 1998; Unlike Many New Technologies at CES, DVD Video Is Now Available in Stores With Strong Sales LOS ANGELES--(BUSINESS WIRE)--Jan. 19, 1998--DVD Video was one of the highlights of the 1998 International Consumer Electronics Show (CES), thanks in part to the efforts of the DVD Video Group. "DVD Video was featured prominently at CES, with retailers and members of the media alike marveling at the superior video and audio capabilities of this exciting format," said Emiel N. Petrone, chairman of the DVD Video Group and executive vice president of Philips Electronics. "But unlike most other technologies previewed at the show, DVD Video players and titles are available now across the country for consumers to buy and enjoy immediately. Likewise, the impact of the breadth of support from both hardware and software manufacturers is unprecedented." The DVD Video Group estimates that more than 500,000 players will have been shipped by the DVD Video format's one-year anniversary in March 1998, compared with just 35,000 compact disc players sold in that format's first year in 1983. Also, the DVD Video Group projects that more than 1 million players will be shipped by the end of 1998. In addition, the Consumer Electronics Manufacturers Association (CEMA) projects that DVD Video player sales in the format's first two years will be more than 600 percent of the sales achieved by VCRs in their first two years, and more than 576 percent of compact disc player sales in the same period. On the software side, the DVD Video Group projects that the escalating number of titles released in 1998 will bring the total number of available titles to approximately 1,500. In addition, blockbusters such as "Air Force One," "L.A. Confidential," "One Night Stand," "Mortal Kombat Annihilation," "Boogie Nights" and "Lost in Space" will be released day-and-date with VHS in 1998. More than 20,000 CES attendees visited the Group's booth, which was co-sponsored by Premiere magazine. The Group distributed free brochures about the DVD Video format and copies of the February 1998 issue of Premiere, and held daily drawings to give away DVD Video players, titles and subscriptions to Premiere. The DVD Video Group is a Los Angeles-based, industry-funded nonprofit corporation that exists expressly to promote consumer awareness of the benefits of DVD Video and to provide updated information to the media and the retail trade about DVD Video players, movies and music videos. Regular members of the DVD Video Group are: -- Buena Vista Home Entertainment -- Columbia TriStar Home Video -- Image Entertainment Inc. -- JVC Co. of America -- LIVE Entertainment Inc. -- MGM Home Entertainment -- New Line Home Video Inc. -- Panasonic Consumer Electronics Co. -- Philips Consumer Electronics Co. -- Pioneer Electronics (USA) Inc. -- PolyGram Video -- Samsung North America -- Simitar Entertainment -- Sony Electronics Inc. -- Sony Music/Sony Wonder -- Thomson Consumer Electronics -- Toshiba America Consumer Products Inc. -- Universal Studios Home Video -- Warner Home Video Inc. and -- Warner Music Group. Associate members are Alpha Enterprises, Cinram, Crush Digital, Digital Video Compression Center, JVC Disc America, Nimbus CD International, Panasonic Disc Services Corp., Pioneer Video Manufacturing Inc., Sony Disc Manufacturing, Technicolor and Warner Media Services. Interested consumers can reach the DVD Video Group at 213/845-0160 or through its Web site at www.dvdvideogroup.com . --30--MEM/la* AJE/la CONTACT: Douglas Consulting Group, Los Angeles Amy Jo Donner/Rob Williams, 213/845-0160