Filed under: TECHNOLOGY | Tags: Apple, Business, China, Forrester Research, Hollywood Reporter, Retailing, Society of Motion Picture and Television Engineers, us
TECHNOLOGY
The Society of Motion Picture and Television Engineers says it believes a standard is essential to propel the 3-D home-entertainment industry. “If the studios have to make different (types of) discs for these home entertainment systems, it’s not going to happen. And consumers, I think, will not want to read the box to see what will work on their sets,” said SMPTE Engineering Vice President Wendy Aylsworth. The Hollywood Reporter (7/21)
Despite a troubled economy, consumers spent $10.1 billion on home-video discs during the first half of the year, according to Video Business magazine. Titles such as “I Am Legend,” “Alvin and the Chipmunks” and “Enchanted” helped the market remain basically flat with year-ago revenue figures. Variety (7/20)
The so-called “terabyte lifestyle” made possible by the movies, TV shows and music available for download now will add fuel to the home-server industry, according to a report from Forrester Research. While only about 400,000 U.S. homes currently have servers for their computer-storage needs, the figure will grow to 4.5 million by 2012, the study predicts. The New York Times/Reuters/Billboard (7/21)
The opening of Apple‘s first retail store in China drew more than 400 people, including some who camped out overnight to be one of the first inside. Apple products have been available in China for years, either through specialty retailers or smuggling, one expert said, but the Beijing store is Apple’s first dedicated retail outlet. An Apple executive said more Chinese stores were to come. Network World/IDG News Service (7/19)
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