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1997 Fools: DVD Consortium Throws in the Towel
Subject: DVD Consortium Throws in the Towel From: missmanp@milo.cfw.com Date: 1997/04/01 Message-Id: <859875770.5859@dejanews.com> Newsgroups: alt.video.dvd Citing disappointing test marketing results, the DVD consortium has decided to discontinue production and marketing of DVD products. In association with this announcement Time-Warner has shutdown future DVD production, and cancelled negotions which could have resulted in "kickback" payments to Paramount and Universal Pictures. The head of Toshiba said that they would probably make another run at the digital disk market sometime after HDTV was in use, and when they could get sufficient bandwidth from the disk subsystems to provide artifact free viewing and near perfect color rendition. He also stated that this would give the other TV manufacturers time to incorporate component inputs into their sets, so that when and if the format is relaunched in the future, TVs would be able to reproduce the full capabilities of the medium. On the issue of regional lockouts, he said that these will probably remain in any future release of the format, but that he would put this up for re-consideration by the consortium, since it may have been a factor in consumer acceptance of DVD. The VP of DVD disk production for Matsushita said the they would mothball the current mastering and stamping facilities, and hope to reuse them later in a few years, when the format could be made more acceptable to the public. Personally, I'm very very unhappy about this state of affairs, and I hope all you LD lovers who helped to sink this wonderful format are satisfied. I also hope that you realize what day it is, and that the first of April means the same thing in Asia and Europe that it does here in the US. Paul Missman -------------------==== Posted via Deja News ====----------------------- http://www.dejanews.com/ Search, Read, Post to Usenet
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