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2006: The Year in Review

1 Jan, 2007 By: Thomas K. Arnold

2006 was a year that saw the launch of two new media formats, the growth of direct-to-video and TV DVD, and the resurgence of the DVD market. The top 10 home media news stories of the year are as follows.

  • No. 1 High-Def Delay

  • The launch of both HD DVD and Blu-ray happens, but with several glitches, including player and software delays. Frustrated analysts and retailers begin to say the formats won't have any impact until 2007.

  • No. 2 Digital Emergence

  • Digital delivery of movies and TV shows really takes off with several firsts, including hit movie day-and-date releases with DVDs and download-to-burn options.

  • No. 3 DVD Rallies

  • The DVD business, which had faltered in 2005, comes back to prove the packaged-media business is still strong.

  • No. 4 Tower of Troubles

  • The music business retail slump brings down such venerable chains as Musicland Corp., acquired by Trans World, and Tower Records and Video, sold to liquidators.

  • No. 5 DTV to the rescue

  • Direct-to-video sequels to such theatrical hits as Universal's Bring It On and Paramount's Save the Last Dance grow.

  • No. 6 Mini-majors Bloom

  • New mini-majors Genius and Magnolia make a splash, adding important product.

  • No. 7 Social Climbs

  • Social networking sites such as YouTube and MySpace became video sources and strong marketing tools, even as they came under scrutiny for possible copyright infringement.

  • No. 8 Dream Buy

  • Paramount buys DreamWorks and consolidates top talent from both companies.

  • No. 9 Feingold out

  • Benjamin Feingold is out after 12 years as president of Sony Pictures Home Entertainment. David Bishop, former MGM video chief, is tapped as his replacement.

  • No. 10 TV DVD Growth

  • The strong growth — by some estimates 20% — of TV DVD continues to impress.

    And now, we present our annual month-by-month recap of the year in home entertainment, as presented in Home Media Magazine.

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