Divx Bites The Dust
The ill-fated “throw-away” DVD format Divx which was hailed, somewhat foolishly, as “a replacement for video…
The ill-fated “throw-away” DVD format Divx which was hailed, somewhat foolishly, as “a replacement for video cassette rentals” [i.e. rent a movie for two days, then just toss out the video disk without having to return to the store] has died. Ahhhh.
Instead of the disks, it was the entire concept of single-use Divx that was “junked” Wednesday amid steep losses.
The collaborators behind Divx, electronics retailer Circuit City and an entertainment law firm, said they were abandoning the venture because Hollywood studios didn’t make enough movies for the format, and rental outlets wouldn’t carry the single-use product.
http://rip.divx.com/