Studios hope for DVD bonanza in fourth quarter
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Even though DVD sales  have been falling for much of the year and next-generation  discs aren&#39;t having much of an impact, studio executives are  hoping for a fourth-quarter bounty from a parade of high-octane  theatrical hits and pricey collectable gift sets.
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Dick Cook, chairman of Walt Disney  Studios, said on Thursday he expects international box office  receipts to account for 70 percent of the company's film  revenue over the next decade from the current 55 percent.
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Four film studios are expected to release movies on the new HD format in the last quarter of 2005. TOKYO  - Toshiba Corp.
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Sony is poised to kick off the launch of its next-generation DVD technology, announcing the release of high-definition Blu-ray movies from a number of major film studios in conjunction with new hardware on which to play them.
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Hollywood is hoping high-definition   DVDs will reignite a slowing market for movies at home, but   they have drawn mixed reviews from retailers and analysts due   to technical issues and a bitter format war.
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Paramount Pictures, Universal Pictures and Warner Brothers have all thrown their weight behind high definition DVD, which was developed by Toshiba and NEC.
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New disc could ease the transition to the next-gen DVD standard, company says.
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Some 75 movie titles, including "The Da Vinci Code" and "Chicken Little," will go on sale in Japan later this year using the next-generation Blu-ray DVD format.
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Fuji joins the fray of makers of 16X DVD media with scheduled fall release.
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Black Friday might be  behind us, and most of the big summer theatrical films are now  out on DVD. And yet the four weeks that remain in this holiday  season are still crowded with significant theatrical features  that are being released on DVD late in the season with the  hopes of attracting the impulse buyer.
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Rewriteable version of the next-gen DVD format moves closer to mass production.
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Hollywood studios are expected to take record box office figures this year, beating 2002's $9.3 billion.
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The fourth quarter got  off to a bang in the home video world this week, with both  high-profile DVD releases that hit stores Tuesday -- "X-Men:  The Last Stand" and "The Little Mermaid" -- exceeding sales  expectations.
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Final spec that allows legal copying of Blu-Ray and HD-DVD discs is on track for the end of the year.
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Blu-ray DVD titles outsold rival  HD-DVD titles by almost 2-to-1 in the first nine months of the  year, but analysts expect additional HD-DVD support and new hit  releases to "transform" the high-definition DVD battle score in  the fourth quarter.
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Toshiba said on Monday that four major Hollywood studios had thrown their crucial weight behind High Definition DVD (HD-DVD), one of two disc formats contending to be the standard in next-generation DVDs.
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Digital cinema and high-definition  DVD sales are expected to fuel worldwide consumer spending on  filmed entertainment through 2011, PriceWaterhouseCoopers said  in its latest five-year outlook on Thursday.