Dan Ramer from dvdfile.com writes:
You fought the good fight, but the time has come. The interests of the consumer and the motion picture industry will be better served by conceding and declaring Blu-ray Disc the winner of the format war. It's time to desist and cease all hostilities.
The Warner announcement is having a dramatic effect on the market. HD DVD owners are abandoning their players in numbers disproportionate to the populations of the installed bases for the two formats. As of January 26th, HD DVD players outnumber Blu-ray Disc players on eBay by 4.4:1. And immediately after the Warner announcement was made, weekly retail HD DVD player sales dropped 88% from 14,558 units to 1,758 units, despite very substantial price cuts.