New Medium Enterprises (NME) announced today that they will be launching its HD VMD technology this fall. The company has more than 100 movie titles which will be available through mainstream retail outlets as well as online retailers like Amazon.com.
New Medium Enterprises(NME) (OTCBB: NMEN), provider of the revolutionary new high definition HD VMD(Versatile Multilayer Disc) disc technology solution, announces its worldwide commercial launch this October-November, into the North American, European, Asian and Oceana regional markets. NME is positioning its new HD VMD format as the most practical and cost-effective solution in the HD market by giving consumers what they have been craving -- an affordable, full HD Player and DVD up-scaler with superior image playback. HD VMD also has a growing list of over 100 blockbuster Hollywood and Bollywood film titles which will come available through its network of distributors in those markets. Players and films will be available in soon to-be-announced mainstream retail outlets across each region, as well as accessible online through Amazon.com, PC Rush.com and NME's e-commerce Web store from mid October.
It's going to be interesting to see if HD VMD can compete with Blu-ray and HD DVD. Honestly, without the backing of at least one major Hollywood studio, I don't see it going very far in the US market. If you'd like to read more, NME's entire press release can be found here.