Analysts offered a few reasons for the slow start, including the fact that HDTV's aren't nearly as prevalent as standard TV's yet (26.5 million HDTV's to over 100 million standard TV's) and the fact that some people don't see much of a difference between high-def and standard, as opposed to the difference between VHS and standard DVD.
The good news is that things are looking up for high-definition in the present. There have been 1.5 million high-definition DVD's sold so far this year, and, last year, that number wasn't reached until June. Now that there is just one format to choose from, the numbers could go up even more.
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