Toshiba Corp. is expected to pull out of the HD DVD business early this week, people familiar with the situation said, marking the end of one of the biggest and most-expensive format battles in the electronics industry since the VHS format's defeat of Betamax nearly three decades ago.
The decision makes Sony Corp.'s Blu-ray technology the de facto standard for high-definition DVD players, which can show movies with crisp images on big, flat-panel digital televisions. Sony declined to comment.
Since Time Warner Inc.'s Warner Bros. decided last month to support Blu-ray exclusively, sales of Blu-ray players and movies have gained momentum, putting pressure on Toshiba.
"Sales have been hurt since Warner's decision, and we are considering different options," Toshiba spokesman Keisuke Oomori said, though he added that nothing had been decided at this point.
If Toshiba withdraws from the HD DVD business, Viacom Inc.'s Paramount Pictures and General Electric Co.'s Universal Pictures, both of which support the format exclusively, would be immediately released from their commitments, one of the people familiar with the situation said. Warner Bros., which is obligated to sell HD DVD movies through May under its contract, would also be freed from those terms.
Of course Sarah McBride is being Captain Obvious
I will take one Transformer on Blu please. Well the war was fun whiles it lasted it. Whiles it was annoying to see fanboys cursing each other, it was something very funny.
Oh btw, Ken Kutaragi redeemed. The inclusion of BD in PS3 seems to have been one of the best decisions that Sony has made.
EDIT: Oh I will gladly take American Gangster as well.
that reminds me of that particular scene from Mars attacks....but back on topic...Toshiba please make the smart Business decision, and cut your losses, save a little face, and at least be remembered for going down honorably....
....
.....
......"The JOEY has Spoken"
*media pokes dead HD-DVD body with a stick*
Who would of thought that a decision made by Warner to go Blu would impact the war as much as it has. HD-DVD just got slaughtered by that decision. Definitely has to be a sad defeat for Toshiba's sake. They just keep getting pounded with loses.
R.I.P. HD-DVD
HD-DVD's scalp is now placed alongside the Dreamcast, Gamecube and Xbox in a predator-style trophy cabinet behind Krazy Ken's desk.