Looks like the HD DVD format will be soon going the way of the dodo bird and the Beta video format. According to a CNBC news article http://www.cnbc.com/id/23196949
Toshiba is planning to give up on its HD DVD format for high definition DVDs, conceding defeat to the competing Blu-Ray technology backed by Sony, a company source said on Saturday.
The move will likely put an end to a battle that has gone on for several years between consortiums led by Toshiba and Sony vying to set the standard for the next-generation DVD and compatible video equipment.
The format war, often compared to the Betamax-VHS battle in the 1980s, has confused consumers unsure of which DVD or player to buy, slowing the development what is expected to be a multibillion dollar high definition DVD industry.
Toshiba's cause has suffered several setbacks in recent weeks including Friday's announcement by U.S. retailing giant Wal-Mart Stores Wal-Mart Stores that it would abandon the HD DVD format and only stock its shelves with Blu-ray movies.
A source at Toshiba confirmed an earlier report by public broadcaster NHK that it was getting ready to pull the plug. "We have entered the final stage of planning to make our exit from the next generation DVD business," said the source, who asked not to be identified. He added that an official announcement could come as early as next week.
Anyone who has been buying HD DVDs should abandon ship and cut their losses with this soon to be extinct format.![]()
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Yeah, we'd like to try to keep the amount of threads reporting the same story to a minimum. Sorry, and continue the discussion on the threads SmoothTofu listed
.
Toshiba to Give Up HD DVD, Give in to Sony
Discussion in 'Hardware Components and Aftermarket Upgrades' started by Tek_Guy, Feb 17, 2008.