Tuesday, January 08, 2008
Did Paramount Drop HD-DVD
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.
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.
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.
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.
Paramount currently distributes DreamWorks Animation films and many believe that DreamWorks will probably follow Paramount over to the Blu-ray camp.
Blue-ray Members:
HD-DVD Members:
Paramount would have been a major content producer for HD-DVD. Paramount has several major blockbusters being released this year including the latest installment in the Indiana Jones franchise.
methodshop
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.
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.
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.
Paramount currently distributes DreamWorks Animation films and many believe that DreamWorks will probably follow Paramount over to the Blu-ray camp.
Blue-ray Members:
- Warner Brothers
- Walt Disney
- 20th Century Fox
- Metro-Goldwyn-Mayer
- Paramount (rumor)
- DreamWorks (rumor)
- Sony Pictures
- Sony PlayStation
HD-DVD Members:
- Universal Studios
- The Weinstein Company
- Microsoft Xbox
Paramount would have been a major content producer for HD-DVD. Paramount has several major blockbusters being released this year including the latest installment in the Indiana Jones franchise.
methodshop
Labels: ces, events, tech news, video
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