To: CPAMarty who wrote (29254 ) 2/9/1998 8:37:00 AM From: BillyG Read Replies (1) | Respond to of 50808
InfoTech Forecasts Worldwide DVD-ROM Title Revenue Will Exceed $500 Million in 1998 WOODSTOCK, Vt.--(BUSINESS WIRE)--Feb. 9, 1998--With the installed base of DVD-ROM equipped PCs projected to reach 7 million by year-end as PC manufacturers begin volume shipments of DVD-ROM equipped systems, worldwide DVD-ROM title revenue will rise from just $3.5 million in 1997 to $567 million in 1998, according to a new InfoTech report, Optical Publishing Industry Assessment, Ninth Edition. Royalties from PC and upgrade kit title bundles will continue to contribute the majority of consumer DVD-ROM title publishing revenue in 1998. By the second half of 1999, when DVD-ROM drives are expected to become a mainstream PC component, retail will become the dominant distribution channel for DVD-ROM titles, leading to a sharp increase in title revenue. By 2003, worldwide DVD-ROM title revenue across both PC desktop and TV set-top platforms is forecast to exceed $70 billion, as DVD-ROM supplants CD-ROM as the principal delivery format for all types of packaged interactive media, including applications software, business information, games, education and computer-based training. According to InfoTech Chairman and CEO Julie B. Schwerin, "CD-ROM publishing across all applications and sectors was a $44 billion business worldwide in 1997. As the industry transitions to DVD-ROM, InfoTech expects packaged interactive media to maintain a compound annual growth rate of over 10 percent through 2003 even as worldwide Internet usage increases, with DVD-ROM providing a high bandwidth collectible format that is more complementary than competitive with online delivery. The imperative now for interactive publishers is to create properties that can migrate readily from platform to platform in order to maximize revenue opportunities." The InfoTech Report: Optical Publishing Industry Assessment is a comprehensive, statistical profile of the worldwide interactive entertainment and digital information industry, providing integrated title and hardware sales and installed base data by country from 1986 with projections through 2005. The report is available for $1,295 from InfoTech at 1.802.763.2097 or on the World Wide Web atinfotechresearch.com . Headquartered in Woodstock, Vt., InfoTech is an independent market research and consulting firm specializing in quantitative analysis and forecasting of the electronic publishing, information technology and interactive entertainment industries. NOTE TO EDITORS: Chart available; Schwerin available for interview. Contact Ted Pine at 1.802.763.2097 or by Internet: info@infotechresearch.com. CONTACT: InfoTech Ted Pine, 802.763.2097 info@infotechresearch.com