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Paramount 'has reserved the right to switch its backing to Blu-ray'

Financial Times Reports, that it is understood that Paramount has the ability to reserve the right to switch its backing to Blu-ray.

Paramount and DreamWorks joined the HD-DVD camp last year after securing fee payments worth an estimated $150m from the HD-DVD camp.

Universal has been the format's biggest champion but it was tight lipped on Sunday about its next move. It was unclear whether the studios backing HD-DVD would change sides.

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MaximusPrime3483d ago

and come back. Bluray is happy to welcome you.

doshey3483d ago

yes come back then this is all done with

paul_war3483d ago

"although it is understood that Paramount has reserved the right to switch its backing to Blu-ray."

I did not know this, well lets see what happens by the end of the week.

bootsielon3483d ago

then what happens with the so called $150 million payment?

heyheyhey3483d ago

simple- they keep it

toshiba got owned by every company out there

aiphanes3483d ago

Paramount will switch back...or Universal will switch to bluray and then paramount will have to switch...or visa versa....

-_-_-_-_-_-_-3483d ago (Edited 3483d ago )

It's not "visa versa", click this link to learn more! ;)

http://en.wikipedia.org/wik...

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