Article: Matsushita Electric Establishes Panasonic Hollywood Lab to Develop Technologies for New Broadband Applications.

Business/Technology Editors

OSAKA, Japan--(BUSINESS WIRE)--April 4, 2001

Focus Will be On Collaboration With Hollywood Studios On Video

Compression and Digital Content Distribution Aimed At New Broadband

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Matsushita Electric Industrial Co., Ltd., best known by its Panasonic brand name, today announced the establishment of the Panasonic Hollywood Laboratory in Universal City, California, U.S.A. The new lab, a division of Panasonic Technologies, Inc., will conduct research and development on next-generation digital video compression and technologies for broadband distribution of video and other digital content.

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