DVD, CD retailers still see a 'shiny disc world'

February 04, 2009 Home entertainment retailers on Wednesday concluded a two-day pep rally staged to buck up sector spirits amid the challenging economic times. Things are so bad in home entertainment retailing, the Entertainment Merchants Assn. -- a co-sponsor of this Universal City confab -- canceled this year's edition of their long-running and much larger Home Media Expo in Las Vegas. NPD Group analyst Russ Crupnick, who addressed on the first day, said format burnout and the recession have combined to drive down DVD over the past several months, while compact disc sales are more slugglish than ever.

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