Video industry adds final nails to VHS's coffin.(GENERAL)

Recent announcements by Warner and Technicolor have confirmed the rapid approach of the the end of the VHS era, at least in the world's more mature markets. The studio is to cease VHS production for all titles (new release and catalogue, rental and retail) in the US from 1 March 2006, whilst Technicolor is to close its VHS plant in Wembley, London in April with the loss of over 100 jobs. These moves reflect the apparent total collapse in demand for VHS in key markets. According to Screen Digest, no more than 11m VHS units were shipped to the UK rental and retail markets in 2005--o