Panasonic introduces two DVD recorders as part of a new worldwide â€œDIGAâ€ DVD recorder line. Model DMR-E60, which features an SD Memory Card slot, a PCMCIA slot and a DV input terminal, is an extremely versatile unit designed for easy interaction with digital still cameras and digital camcorders. The DMR-E60 has a manufacturer’s suggested retail price (MSRP) of $599.95 and will be available at retail in May. The new DMR-E80 DVD/hard disk recorder features 80GB of built-in memory. It provides up to 104 hours of recording time on its hard drive and up to 6 hours on a removable 4.7 GB DVD-RAM disc (both in Extended Play mode.) The DMR-E80 has an MSRP of $699.95 and will be available at retail in July.
Panasonic is calling its new DVD recorder line â€œDIGAâ€, a name derived from the words â€œDigitalâ€ and â€œGigaâ€. â€œDigitalâ€ calls attention to the fact that these new recorders truly offer the best of digital technology, while â€œGigaâ€ emphasizes the enormous storage capacity (4.7 and 9.4 gigabytes) that DVD discs allow.
â€œPanasonic is launching the new DIGA recorders with a global promotion campaign that builds upon the company’s dominant position in this fast emerging product area,â€ said Reid Sullivan, Vice President of Panasonic’s Entertainment Group. â€œWe are referring to this worldwide campaign as â€˜Project M’ â€“ an integrated effort that relies on our Marketing and Manufacturing strengths to serve as the underpinnings of an extensive and ongoing commitment to DVD recorders.
Panasonic’s latest DVD recorders join continuing models DMR-E50 and DMR-HS2, to comprise the most extensive line of DVD recorders currently available. All support DVD-RAM and DVD-R1, and will also play back DVD Video, music CDs, video CDs, and CD-R/CD-RW2 MP3 formatted discs.
In 2002, the Panasonic brand captured more than fifty percent market share in both Japan and the U.S. For the recently reported first two months of 2003, Panasonic captured over sixty percent market share in DVD recorders sold in the US. Sales of DVD recorders to consumers in 2002 grew more than one-hundredfold over the comparable period in the previous year, according to The NPD Group, and analysts predict sales of DVD recorders in the U.S. will reach one million units in 2003.
According to results from a March 2003 Panasonic-sponsored IDC study, strong consumer demand for stand-alone DVD recorders is positioning the already hot recordable DVD market for long-term growth. Of those polled, the majority indicated that video applications, such as a recording television shows and transferring older video footage, were the top reasons for a recordable DVD purchase. In addition, the survey reflects the features consumers want most from a DVD Recorder, to include defect management, simultaneous recording and playback, and compatibility with standard DVD players.
Sullivan attributes the Panasonic DVD recorders’ success to their innovative features, ease of use, and joint support of DVD-RAM and DVD-R media.
â€œPanasonic DVD recorders offer the best value on the market today. They have the features consumers want, with compatibility where they need it,â€ said Sullivan. â€œThe DVD-RAM format enables unique benefits like worry-free recording, simultaneous recording and playback, innovative time-shifting features like Time SlipÃ¤ and Chasing Playback, and rewritability up to 100,000 times on a single disc. Only DVD-RAM has pre-addressed sectors allowing it to operate like a removable hard drive. And DVD-R allows consumers to share video recordings with virtually anyone with a DVD player.â€
Panasonic was the first company to introduce a DVD recorder to the U.S. and the first to incorporate a built-in hard disk drive into DVD recorders, giving consumers even greater flexibility and longer recording time.
â€œBy delivering on our promise of innovation, ease-of-use and versatility, Panasonic aims to take DVD recorders mainstream and capture the lion’s share of the global market,â€ said Sullivan.