Sony keen to back 3D TV

September 2, 2009

looks set to hit the home consumer next year, with today announcing plans to sell 3D globally by the end of 2010. ’s decision to throw its weight behind the technology will be an important boost for the 3D industry, which has so far focused mainly on cinemas. has said it would introduce a 3D channel in the next year, but it had been unclear whether there would be equipment available to view it on. Speaking at the IFA technology trade show in , Sir Howard Stringer chief executive, will announce plans not only to sell 3D television sets, but to make ’s Vaio laptop computers, PlayStation3 games consoles and disc players compatible with the technology. Read more

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The US DVD industry used to be big, not any more.

January 23, 2009

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The U.S. DVD market might be headed the way of the silent movies, as sales down for a second straight year, DVDs continue to lose their luster, while a deepening recession suggests entertainment conglomerate stocks won’t shine any time soon, Analyst’s cite data from trade group Digital Entertainment Group, which shows that US consumer spending on home entertainment fell 5.7% last year to US$22.4B, driven by a 6.3% decline in DVD sales direct to consumers, AKA “sell-through”.

Within sell-through, Blu-ray sales gained traction, while standard-definition DVD sales dropped 9.5%. Not only did sell-through demand deteriorate as the year unfolded, but the drop also “appears to be most pronounced among new releases,” with unit sales down nearly 20% in 2008, compared with a 6% decline in catalog titles. There are estimates in the market that US home entertainment spending to fall 7% in 2009, 6% in 2010 and another 7% in 2011.

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