|
This topic comprises 2 pages: 1 2
|
Author
|
Topic: And so it begins - Best Buy pulls plug on analog TVs
|
Paul Mayer
Oh get out of it Melvin, before it pulls you under!
Posts: 3836
From: Albuquerque, NM
Registered: Feb 2000
|
posted 10-17-2007 01:32 PM
quote: Best Buy Pulls Plug On Analog TVs
The consumer-electronics giant has removed all analog television products from its store shelves and is selling only digital television products.
By The Associated Press
Best Buy said today it has stopped selling analog televisions and pulled all remaining stock from its shelves, signaling the end of an era as consumers increasingly move toward digital products with flat-panel and high-definition screens.
Best Buy (BBY, news, msgs), one of the nation's top electronics retailers, heralded the reign of digital TVs, saying it made the move "as the end of the analog broadcast era draws near."
Best Buy instructed stores to stop selling the products on Oct. 1.
Beginning Feb. 18, 2009, broadcasters will stop transmitting analog signals. Non-digital television sets that are not attached to a cable or satellite service or not equipped with special converter boxes will no longer work.
Best Buy is the first consumer-electronics retailer to report an exit from the analog-TV business.
More than 60 million U.S. households rely on an antennas or analog cable, and cable operators are required to guarantee their customers will receive broadcast channels until February 2012.
Those millions of households offer a lucrative market opportunity for electronics retailers and television manufacturers alike.
"We are committed to helping people understand the digital television transition, and exiting the analog video business is one way we can help avoid confusion," Mike Vitelli, senior vice president of electronics for Best Buy, said in a statement.
After the first of the year, the government will offer every household two coupons worth $40 each that can be used to buy two converter boxes -- devices that pick up digital signals and convert them to analog. Best Buy will sell coupon-eligible converter boxes starting in early 2008.
| IP: Logged
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All times are Central (GMT -6:00)
|
This topic comprises 2 pages: 1 2
|
Powered by Infopop Corporation
UBB.classicTM
6.3.1.2
The Film-Tech Forums are designed for various members related to the cinema industry to express their opinions, viewpoints and testimonials on various products, services and events based upon speculation, personal knowledge and factual information through use, therefore all views represented here allow no liability upon the publishers of this web site and the owners of said views assume no liability for any ill will resulting from these postings. The posts made here are for educational as well as entertainment purposes and as such anyone viewing this portion of the website must accept these views as statements of the author of that opinion
and agrees to release the authors from any and all liability.
|