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February 10, 2004
Video is Dead. Long Live Video.
Via Cinema Minima: It looks like the end of the road for the VCR, with Philips, one of the pioneer manufacturers since the 1970s, planning to stop selling VCRs in Australia to focus on DVD players.
According to the article VCR sales are declining rapidly, at a pace of 30-40% per year. I think the article may overstate this decline in that sales of combination VCR/DVD plaers are still very popular as many consumers still have large videotape libraries. Interesting story, though.
Posted by chuck at February 10, 2004 11:46 AM
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