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...failure, LG was content until recently to supply other companies with appliances that they sell in the U.S. under their own brands. These days, however, a monumental transition is taking place in U.S. and European living rooms, and LG smells opportunity. Consumers are tossing aside boxy TVs and clunky vcrs in favor of wide, flat screens, dvd players and, eventually, computer-like systems with digitized video and music recorders and Internet services. LG is surprisingly well positioned for this new digital world. LG has a distinct advantage: its ultrawired South Korean home base. The demanding Korean market, where an amazing...

Author: /time Magazine | Title: Getting Religion | 7/25/2004 | See Source »

...These days, however, a monumental transition is taking place in U.S. living rooms, and LG smells opportunity. Consumers are tossing aside boxy TVs and clunky VCRs in favor of wide, flat screens, DVD players and, eventually, computer-like systems with digitized video and music recorders and Internet services. With this emerging gadgetry, LG is surprisingly well positioned. LG.Philips has been a leader in developing large, flat displays, and LG makes 70% of all set-top boxes for receiving digital satellite TV sold...

Author: /time Magazine | Title: Getting Religion | 6/21/2004 | See Source »

TiVo is a strange phenomenon. While owners adore it with cultlike affection, its loyal-fan base remains relatively small--just 800,000 subscribers in the U.S. and Britain. That's nothing compared to the millions of VCRs out there. But by saving shows digitally to a hard drive--and offering features like Season Pass, which automatically records every episode of, say, Sex and the City--TiVo puts the VCR to shame. Trouble is, customers have been skittish about the subscription fee for TiVo service. So, to gain wider appeal, TiVo is expanding its satellite-TV offerings and teaming up with...

Author: /time Magazine | Title: Technology: A Perfect Marriage? | 10/6/2003 | See Source »

Couch potatoes, newscasts, The Ed Sullivan Show, MTV, VCRs, camcorders, reality TV, Queer Eye for the Straight...

Author: /time Magazine | Title: The Next Big Thing | 9/8/2003 | See Source »

...development invasive or downright creepy, it's important to see things from the point of view of the advertisers. Not so long ago, they could reach the majority of the North American viewing public by running commercials on the three broadcast TV networks. But with the advent of cable, VCRs, mute buttons and newer technologies like the one used in TiVo, the audience has fractured into hundreds of niches not only able but likely to skip commercials. Advertisers today have to get their butts off the figurative couch and work outside the living room. They have to become hunters adept...

Author: /time Magazine | Title: Advertising: There's No Escape | 5/5/2003 | See Source »

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