Did Paramount Drop HD-DVD?
Tuesday, January 8th, 2008
UPDATE:Paramount spokeswoman Brenda Ciccone made this statement in response to reports that Paramount is abandoning the HD-DVD format: “Paramount’s current plan is to continue to support the HD-DVD format.” The statement didn’t specify if Paramount would also produce Blu-ray DVDs in addition to HD-DVDs. It will be interesting to see how this story pans out.
I just gave the bad new to one of the guys in the Toshiba booth at CES. He wasn’t happy. Their HD-DVD focused booth looks a little silly now.
According to the Financial Times, Paramount is going to drop their support for Toshiba’s HD-DVD after Warner Brothers pulled out of the HD-DVD camp last Sunday night. This will most likely put the final nail in the coffin of the HD-DVD format and end the biggest home entertainment format war since Betamax vs. VHS.
Why the sudden switch? Why did Paramount go over to Sony’s Blu-ray so quickly? Insiders are saying that a clause in Paramount’s contract allowed the company to drop HD-DVD in the event that Warner Bros decided to back Blu-ray.
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According to reports, Apple is close to announcing plans to make Fox and Disney movies available as online rentals via iTunes (US). Apple CEO Steve Jobs is likely saving the official announcement for his Macworld Expo keynote on Jan. 14.
