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Unedited press release follows:
JVC Kenwood To Convert Premiere Catalog Titles to Blu-ray 3D for Home
LAS VEGAS (April 16, 2012) – JVC KENWOOD and Twentieth Century Fox Home Entertainment announced today that I, Robot, the successful science-fiction action film, will be the first title in a series of legacy movies being converted to Blu-ray 3D for the home. JVC KENWOOD has developed a new 2D3D conversion process that will convert movies to Blu-ray 3D.
Futuresource is predicting some 8.8 million households with a 3D-equipped HDTVs by the end of 2012 and over 18 million households by the end of 2013. The increased interest in the format will bring a greater demand for quality 3D movies in the marketplace.
“The advances in 3D conversion technology developed by JVC have exceeded our most optimistic expectations, said Danny Kaye, EVP, Global Research and Technology Strategy, Twentieth Century Fox Home Entertainment. “We look forward to bringing movies like the already visually stunning I, Robot to the home on Blu-ray 3D.”
“One significant impediment to broad acceptance of 3D entertainment at home has been the limited amount of popular content,” said Kazuhiro Aigami, senior executive vice president and executive officer, JVC KENWOOD Corporation. “This new process allows the development of a practical business model for the release of legacy motion picture titles in 3D for the home entertainment market.”
I, Robot, which earned an Oscar® nomination for best special effects, will be released on Blu-ray 3D later this year.
About JVC KENWOOD Corporation
JVC KENWOOD Corporation (JVC KENWOOD) is a business group, first established as JVC KENWOOD Holdings, Inc. in October 2008 through the management integration of Victor Company of Japan, Limited (JVC) and Kenwood Corporation (Kenwood). It then became the present JVC KENWOOD in October 2011 as a result of merging JVC and Kenwood. JVC KENWOOD operates four business segments, Car Electronics, Professional Systems, Home & Mobile Electronics and Entertainment, with image, sound and radio technologies, and audio and visual software as its core competence. As a global specialized manufacturer that creates excitement and peace of mind, JVC KENWOOD will aim to achieve profitable growth and become a business group that is widely trusted by society.
About Twentieth Century Fox Home Entertainment
Twentieth Century Fox Home Entertainment, LLC (TCFHE) is a recognized global industry leader and a subsidiary of Twentieth Century Fox Film Corporation, a News Corporation company. Representing 75 years of innovative and award-winning filmmaking from Twentieth Century Fox, TCFHE is the worldwide marketing, sales and distribution company for all Fox film and television programming, acquisitions and original productions on DVD, Blu-ray Disc Digital Copy, Video On Demand and Digital Download. The company also releases all products globally for MGM Home Entertainment. Each year TCFHE introduces hundreds of new and newly enhanced products, which it services to retail outlets from mass merchants and warehouse clubs to specialty stores and e-commerce throughout the world.