Anonymous (not verified) - November 13th, 2001
Reprinted from a RDVDC/Business Wire press release:
LAS VEGAS, NV (November 12, 2001) With personal video production projected to go mainstream, the Recordable DVD Council (RDVDC) held a press conference today to announce the launch of a program to assist hardware and software vendors in promoting consumer understanding of the three DVD Forum-approved recordable DVD formats and their supporting products. Opening remarks by RDVDC Council chairman Bon-Guk Koo, senior corporate advisor and former executive vice president of Samsung Electronics, were followed by a presentation from guest speaker Wolfgang Schlichting, research manager for IDC's Optical Removable Storage Program.
"DVD Forum-compliant combination DVD drives that provide both write-once, play-anywhere and rewritable capabilities are available from multiple suppliers for $450 to $850 and are rapidly entering the mainstream consumer market," said Koo. "DVD-R media that plays on nearly every Forum standard player costs less than $5 and rewritable discs range in price from $10-$12. We are delivering on the DVD Forum's commitment to provide consumers with a cost-effective video communications medium for personal and business applications."