At The Movies: Next Up: DVDs

Hollywood fat cats, be warned. If you've been relishing the sight of record executives squirming in the grip of Napster, enjoy it while you can; you may soon be squirming yourselves. Using a new technology called DivX, video buffs can now swap copies of The Matrix online the same way audiophiles trade Metallica singles.

The name DivX--the official spelling is DivX;-), with a winky smiley face--is geek gallows humor. It's named after a home-video format that died an ignominious and expensive death last year. The new DivX, developed by French hackers, turns theatrical movies into relatively small computer files that can...

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