TV DVD Confab All-Day Affair12 Aug, 2004 By: Kurt Indvik
With the explosive market for TV shows on DVD expected to top $2 billion in consumer spending this year, Video Store Magazine will once again bring together studio executives, TV producers and other key industry leaders for the second annual TV DVD Conference.
TV DVD, produced in cooperation with DEG: The Digital Entertainment Group and The Hollywood Reporter, will be held Oct. 19 at the Century Plaza Hotel & Spa in Century City, Calif.
Executive producer Thomas K. Arnold expects more than 300 DVD and television executives to attend the event, which is being expanded into an all-day format this year. The event starts at 10 a.m. and will end at 7 p.m.
Highlights include an executive panel on the state of the TV DVD market; discussions on classic TV, children's TV and nonseries programming; and an exclusive presentation by Video Store Magazine Market Research director Judith McCourt.
Also in store: a product showcase luncheon with a guest celebrity keynoter; an interactive, multimedia workshop on special features; and an evening cocktail party with special surprise entertainment.
“DVD has changed the way people watch TV,” said Arnold, Video Store Magazine's group editor and associate publisher. “In fact, research suggests they're watching more — they keep up with their favorite shows as they air, and they avidly watch and collect previous seasons on DVD.”
“With TV DVD, consumers at last have a way to own their very own pieces of pop culture,” added Video Store Magazine publisher Don Rosenberg.
Video Store Magazine's Market Research department reports soaring growth in the TV DVD category, the popularity of which studio executives concede caught them by surprise.
* Consumers this year are expected to spend more than $2 billion on TV DVDs, nearly 10 percent of total DVD spending.
* Last year, the TV DVD market generated $1.42 billion in sales, up from an estimated $880 million in 2002.
* TV DVD sales in 2003 were up 61 percent from 2002, while the overall DVD market was up 35 percent.
* Studios have found a lucrative new cash cow, since TV DVD releases are typically multidisc packages that sell for nearly twice as much as the average DVD release.
* Complete season DVD sets of “Friends” and “The Simpsons” have sold combined totals of more than 5 million units each.
* So far this year, the top-selling TV DVD release is Chappelle's Show: Season One from Paramount Home Entertainment, with sales of nearly 2 million units.
TV DVD is open to the trade only. Advance registrations are $295 for DEG members and Hollywood Reporter subscribers and $345 for nonmembers. Special press registrations are available to credentialed media by contacting Thomas K. Arnold at firstname.lastname@example.org.
For more information and to register, visit www.dvdconferences.com.
Charter platinum sponsors include Columbia TriStar Home Entertainment, HBO Home Video, Image Entertainment, Paramount Home Entertainment, 20th Century Fox Home Entertainment, Universal Studios Home Video and Warner Home Video.
Other sponsors include A&E Home Video, Buena Vista Home Entertainment, Lions Gate Entertainment, MGM Home Entertainment, Rhino Home Video and StudioWorks.