November 29, 2004
Emergence of DVDs May Mean End of VCRs
LONDON -- Video may have killed the radio star, as The Buggles sang in 1979 - but now the format that revolutionized viewing habits may itself be on the way out.
Dixons, a major British retailer, is pressing the stop button on sales of video recorders.DVD players, now going for as little as $45, currently outsell VCRs by a 40-1 margin, the company said. This trend is expected to continue as new products, including portable players and recordable discs, come onto the market.
"We're saying goodbye today to one of the most important products in the history of consumer technology," said Dixons marketing director John Mewett.
The video cassette recorder first came to public prominence during the mid 1970s. By 2002, almost 90 percent of British households owned one.
Dixons said it expects to sell its remaining stock of VCRs by Christmas.