diablojota
Doctoral Student
http://money.excite.com/jsp/nw/nwdt_ge.jsp?news_id=cmt-110w1194&feed=cmt&date=20040419
TOKYO, Apr 19, 2004 (AP Online via COMTEX) -- Japanese electronics giant Matsushita Electric Industrial Co. and Apple Computer Inc. plan to market a digital video editing system that would simplify and lower the costs for TV stations and production companies in creating TV broadcasts, movies and DVDs.
The technology links Apple's Macintosh-brand computers and digital video-editing software to a soon-to-be-released Matsushita video recorder, Yoshihiro Kitadeya, a spokesman for Matsushita, said Monday. Matsushita also manufactures products under the Panasonic brand.
It would allow TV program producers, film studios and advertisers to churn out programs, ads and movies in the increasingly popular format that high-definition television sets and digital movie projectors use, Kitadeya said.
The package, which combines text and video and digital animation, is expected to cost less than $37,000, well below the $463,000 price tag for conventional production and editing equipment, Kitadeya said.
The Matsushita-Apple collaboration adds to the Cupertino, Calif.-based computer maker's leading product lineup of digital editing software and tools.
For the Osaka-based electronics firm, the technology offers the company a chance to catch up to Japan's Sony Corp., one of the world's leading makers of broadcasting equipment.
The two companies are also working on a new digital TV editing system that stores information on a card instead of video tapes, and is expected to speed data downloads onto a personal computer, Kitadeya said.
Matsushita Electric closed up 0.95 percent to $14.80 on Monday on the Tokyo Stock Exchange.
Copyright 2004 Associated Press, All rights reserved