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Walt Disney Home Entertainment's Chapek: BD Victory Only Delayed
When Blu-ray first came out it was getting 50/50 shelf space with HD DVD, and now the shelf-space has clearly turned in the favor of Blu-ray, and that means the sales will only continue to slide towards Blu. That will make the already inevitable outcome seem even more inevitable. TWICE: You sound pretty confident. Any guess for when that might be? Chapek: I would have said it would be over by the end of the calendar year, but that was before the surprise announcements [from Paramount and DreamWorks]. My guess is that within the next year it will be clear in everybody's mind that Blu-ray is the ultimate successor to DVD. TWICE: What is Disney's current plan to bring BD Live Web-enabled interactivity into the Blu-ray market? Chapek: We [Disney] are targeting late Spring for our BD Live applications, and it will be profound when we do it.
Mandarin program sparks parents' hopes
Hundreds of parents packed a room at Ohlone Elementary School Wednesday night, sitting on the floor and lining up near the door to learn about the Mandarin-immersion program starting in August. Many said the dual-language program, with its promise of Mandarin fluency by fifth grade, could bring their families closer. None of her children's four grandparents speak English, Simone Wang said. And while the Mandarin program can't help communication with the East Indian pair who speaks Gujarati, it could bring her four-year-old son closer to the Chinese pair. "Hopefully, the family connection is there," she said. The crowd of between 250 and 300 curious parents seemed undaunted by the program's controversial past, including debate at 20 separate school board meetings in the past two years.
Western Forest Products Fourth Quarter 2007 Reflects Post-Strike ...
In the fourth quarter of 2006, cash used substantially represents US$88.0 million ($99.8 million) of the U.S. duty refund being applied against the Company's US dollar long-term debt. At December 31, 2007 the Company had cash of $4.9 million and unused availability under its secured revolving credit facility of $62.5 million.
Selected Quarterly Information
To assist shareholders and other readers in understanding our business, we have included as Appendix A to this MD&A a table of the financial results and operating data for the Company for the last eight quarters.
In a normal operating year, there is some seasonality to the Company's operations with higher lumber sales in the second and third quarters as construction activity, particularly in the U.S., has historically tended to be higher.
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