Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (41733)	6/3/1999 8:00:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

MPEG2 Rules The Set-top Box... Enables Next-generation Video Services, Says Insight Research 06/03/1999 Business Wire (Copyright (c) 1999, Business Wire) PARSIPPANY, N.J.--(BUSINESS WIRE)--June 3, 1999-- MPEG -2, a digital video compression technology that shaves transmission bandwidth in TV set-top boxes, satellite set-top boxes, DVD players, camcorders, and PCs, is set to grow at more than 50% annually, says a new report by INSIGHT RESEARCH. Global sales of devices that utilize MPEG-2 encoders and decoders will reach $23.9 billion this year and top $125 billion in 2003. According to INSIGHT's report The Market for MPEG-2 and Video Services, the convergence of communications, information, and entertainment is driving the need for MPEG-2. MPEG-2 will be essential to the success of next-generation digital video services and equipment, allowing content and devices from multiple vendors to interact. All of the industries considering digital video service distribution have to make MPEG-2 part of the planning process; it is crucial in broadband distribution and network access equipment. While global revenue for MPEG-2 encoding and decoding products will grow 51.5 percent annually through 2003, select segments, such as decoders for HDTV and set-top boxes, will nearly double year over year. "Our research leaves little doubt that consumer demand for video products relying on MPEG-2 is accelerating," says Robert Rosenberg, president of INSIGHT. "The success of digital video as part of a broadband bundle will ultimately depend on the ability of the service providers to deliver services economically on an end-to-end basis, from content source to consumer." Further MPEG-2 market analysis is published in The Market for MPEG-2 and Video Services, 1998-2003, a 158-page market research study now available from INSIGHT RESEARCH for $3,495. This report provides five-year revenue and unit sales forecasts for MPEG-2 encoding and decoding products: DVDs, DVD-RAMs, HDTVs, VCRs, PCs, digital camcorders, and cable and DBS converters. INSIGHT discusses alternative compression technologies, examines customer segments and network implications, and profiles encoder/decoder vendor competition. INSIGHT RESEARCH, based in Parsippany, NJ, is a highly respected source for telecommunications market research and competitive analysis. An excerpt of this study is available online at insight-corp.com. Contact: CONTACT: THE INSIGHT RESEARCH CORPORATION Tara D. Mahon, Director of Marketing 973/605-1400 Fax: 973/605-1440 tara@insight-corp.com 08:10 EDT JUNE 3, 1999