WHY LUCAS and Senior Spielbergo are ambivolent with DVD

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Posted by CowBoy from spider-ti021.proxy.aol.com on October 12, 1999 at 20:26:32:

I work in the industry and know the reason why you haven't seen the Spielberg/Lucas films on dvd. Both of them way back in 1995 invested a TON, I mean a TON of money in the DIVX technology. As you all know the DIVX went bust faster than you can say Beta.
Both of them took a heavy investment loss and left them bitter with the entire dvd thing. I know to them losing 100 million of personal money is like you dropping a nickel, but that's why there's been such ambivolence with these guys - hurt feelings and all.
Looks like they're finally starting to see the light. I can't wait for the Indy trilogy and Close Encounters/jaws, etc... These guys are gonna crank on dvd! If you thought the matrix has cool features, wait till you see what's next.


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