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Mole says Toshiba about to pull the plug on HD-DVD

Reports in US publication Home Media Magazine are suggesting that Toshiba may be about to give up on it’s HD-DVD format and fall in line behind Blu-ray as the industry standard for high definition discs.

Top Toshiba executives are publicly sticking to their guns, but according to HMM, ‘reliable industry sources’ believe that Toshiba feels that the format war is all but lost after Hollywood producers and more recently retailers expressed their support for the Sony-led Blu-ray format by voting with their feet.

In the UK, Woolworths have dropped HD-DVD completely, claiming that Blu-ray discs outsold their rivals by 10:1, and in the US Best Buy and Netflix have both expressed clear preferences for Blu-ray over the HD-DVD standard. Why they would give up 10-20% of HD disc sales is beyond me, but this is obviously very bad news for HD-DVD.

Would anyone buy a HD-DVD only player at this point?

(Via: Reg hardware)
 

Blog posted on Friday, February 15th, 2008 at 5:50 pm under Televisions. Leave a comment, or trackback from your own site.

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