CD-ROM industry in Europe struggles with niche market; U.S. rivals have designed for mass audiences, lead in global product sales
Article Abstract:
CD-ROM technology is having a difficult time becoming widely popular in Europe because of varying standards and incompatibility problems. The US market is not having the same problems and CD-ROMs have taken off in popularity there. One of the problems for European-based companies is that the start-up costs for a CD-ROM company are too prohibitive and so US-based companies are taking over the market. Analysts say that it is likely that European CD-ROM publishers could wind up with the same problem as European film makers in which they appeal only to niche crowds while US companies make money on the mass market. The US market has also started earlier in its development cycle while most European publishers are just in the beginning of their business plans.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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EC encountering snags in efforts to arrive at standard for HDTV
Article Abstract:
The European Community (EC) experiences trouble in determining a standard for high-definition television (HDTV) transmission. The EC's efforts are aimed at giving European companies a jump start over the global market, which is still struggling to define a standard. Industry observers note that it will take until 2001 for the HDTV market to really take off because economics and technology have thrown the market into disarray. The current European standard for telecommunications is called the multiplexed analog component (MAC) standard; MAC is intended to evolve into the HDTV standard. Some observers note that the entire strategy needs to be rethought with more input coming from broadcasters, consumers, private investors and program-makers.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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EC moves to spur more competition in phone services
Article Abstract:
The European Community telecommunications services market will be partially deregulated in stages and should be completed by 1992. The surprise breakthrough in negotiations among national ministers will break up the large national monopolies and allow other companies to compete in such services as electronic networks, electronic mail services and other data communications services. Most of the services associated with basic telephone networks, such as fiber-optic lines, voice telephone lines, telephone equipment, microwave and satellite links, and cable television networks will continue to be controlled by state monopolies.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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