AfterDawn: Tech news

DVD To Hit Milestone Faster Than Any Format in History

Written by Lasse Penttinen @ 18 Apr 2002 12:11

Princeton, NJ - April 16, 2002 - The number of DVDs replicated in North America will surpass the one-billion mark later this year, marking the fastest time in which a recording media format went from introduction to one-billion units per year, according to data released today by the International Recording Media Association (IRMA), a trade group representing the world's media manufacturers and suppliers.

DVD's appeal has been almost instantaneous. Just two months after its introduction in 1997, more than 1-million units had been produced. By the end of that first year, more than 12-million units were replicated. By 2001, the number of DVDs produced neared the half-billion (460,000,000) mark. This year, IRMA projects DVD production to increase 120 percent over last year, pushing it over the one-billion-units-per-year milestone faster than any other format.

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