Home theaters are bigger than movies

Author
Aron Schatz
Posted
July 1, 2002
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1692

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News.com says that DVDs and big screen TVs are selling better than the box office. And remember, VHS is on its way out so get those tapes converted.

The latest gadgets to incorporate DVD players are home theaters. Sales of the systems, which combine a stereo receiver with a DVD player and speakers, increased 230 percent in 2001 over 2000 and more than 987 percent in the first five months of 2002 compared with 2001.

Sales of DVD players also continued to increase significantly. In 2001, sales increased 68.8 percent over 2000. Their popularity has caused them to quickly become a commodity product, with prices dropping to less than $100.

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