Digital Media Wire has a very interesting article about the fate of HD-DVD. Seems Wal-Mart had dropped HD DVD (along with Best Buy and Netflix).
According to The Hollywood Reporter, Toshiba "is expected to pull the plug on its HD DVD format in the coming weeks." THR noted, however, that Toshiba says no official decision has been made. "Given the market developments in the past month, Toshiba will continue to study the market impact and the value proposition for consumers, particularly in light of our recent price reductions on all HD DVD players," Jodi Sally, VP of marketing for Toshiba America Consumer Products, told THR.
Toshiba had hoped that slashing the prices on its HD DVD players last month would help bolster sales, but subsequent sales data from NPD showed that Blu-ray maintained its wide sales lead despite the move.
- Related Links:
- http://tinyurl.com/2wn5fe (Hollywood Reporter)