55 Million DVD Discs Shipped

Paul Culberg, President of the DVD Video Group and Executive Vice President of Columbia TriStar Home Video, announced that 55 million DVD discs have been shipped this year and more than 110 million DVD movies and music titles have been shipp4d since the launch of the format in the spring of 1997. ""DVD software sales are expected to remain strong throughout the year, and there are more than 4,000 titles available and we expect that 5,000 titles will be available by the end of 1999.""DVD Video Group Chairman Emiel Petrone announced that 900,000 DVD-Video players were shipped in he third quarter bringing the year-to-date hardware shipments to 2.2 million (CEA figures) to retailers. DVD experienced a 225 percent rate of growth in the third quarter of 1999 compared to the third quarter of 1998.