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LOS ANGELES - Movie studio executives on Friday presented the best-case scenario for a winter holiday surge in the purchase of high-definition Blu-ray players as their best hope to keep the U.S. home video market's decline from accelerating past 3 percent or 4 percent this year. The executives hosted by The Digital Entertainment Group, a consortium of movie studios and electronics manufacturers, forecast that 10.5 million households would be able to play Blu-ray videos by the end of the year — with about 2.5 million standalone players and 8 million PlayStation 3 game consoles .
Full Story: Can Blu-ray save Christmas for Hollywood? (AP)
LOS ANGELES - Movie studio executives on Friday presented the best-case scenario for a winter holiday surge in the purchase of high-definition Blu-ray players as their best hope to keep the U.S. home video market's decline from accelerating past 3 percent or 4 percent this year. The executives hosted by The Digital Entertainment Group, a consortium of movie studios and electronics manufacturers, forecast that 10.5 million households would be able to play Blu-ray videos by the end of the year — with about 2.5 million standalone players and 8 million PlayStation 3 game consoles .
Full Story: Can Blu-ray save Christmas for Hollywood? (AP)
