Retail Industry
Industry: Email Alert RSS FeedSlow flow of high-def hardware hobbles holiday expectations.
Video Business, October, 2006 by Ault, Susanne
By Susanne Ault New Blu-ray Disc players are now shipping to retailers for holiday sales, but even with the influx, earlier expectations for both the HD DVD and Blu-ray formats are being scaled back. Warner Home Video recently halved its 2006 sales projections for high-definition DVD hardware and software, based on unforeseen limitations on hardware availability.
During the Oct. 6 High Def 101 conference in Los Angeles, Warner's senior VP of market management, Steve Nickerson, said consumers spent $30 million on high-def hardware and software through September, down from about $60 million the studio originally expected would be spent in the period. Clipped quantities of Sony's much anticipated PlayStation 3 videogame console and Blu-ray...
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