"The bad news just keeps on coming for Blu-ray. First, Sony halved its U.S./Japanese launch shipments of its Blu-ray powered PlayStation 3, blaming a shortage of blue lasers. Then, in the last two weeks, both Sony and Pioneer delayed the releases of their new Blu-ray players, refusing to cite reasons. And this week, at Blu-ray backer LG's annual dealer show, a previously announced LG Blu-ray player was nowhere to be found. LG product development director Tim Alessi had this to say: 'we will provide an announcement when the time is right.'"