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HD-DVD is dead! *Updated*

Posted on Monday, 18 February 2008 by Speed, source: Reuters
Update: Toshiba has sent out a statement that they haven't decided on anything yet.

"The media reported that Toshiba will discontinue its HD-DVD business. Toshiba has not made any announcement concerning this. Although Toshiba is currently assessing its business strategies, no decision has been made at this moment," read the statement in full.
However, the rumors about Toshiba dropping the HD-DVD format made the company's stock rise with 5% which will most definitely have an affect on the decision that will be made at tomorrow's board meeting.

Original Story:
Toshiba apparently is ending the HD format war and stopping production of HD-DVD compatible equipment. That's what Japanese broadcasting company NHK reported yesterday and which got picked up by reuters.

On Friday, Wal-Mart announced it would abandon support for HD-DVD and this seems to have been the final blow for Toshiba and HD-DVD.

Toshiba is expected to suffer losses amounting to tens of billions of yen (hundreds of millions of dollars) to scrap production of HD DVD players and recorders and other steps to exit the business
The company supposedly will continue selling HD-DVD equipment at stores until stocks run out but will not put any resources in developing new devices.

Toshiba has of yet not made any comments on the story.
In other news:
Square Enix concentrates on mobile market
MS and Paramount make download deal

5 Comment(s)

Anonymous

Anonymous

DIE DIE DIE DIE DIE DIE DIE DIE DIE

HD DVD must die.

Thank you. :)
DIE DIE DIE DIE DIE DIE DIE DIE DIE HD DVD must die. Thank you. :)
Quote
Posted on 03:55, February 19th 2008
Anonymous

Anonymous

Coz its cheaper? lmao!, and whats this bull crap this they were selling cheap to get rid of it yea right they were selling because its cheaper to manufacture so also means bigger capacity hd dvds would of been released than Blu ray, not mention less stringent copy right laws and reigion free, Very sad news for the hd dvd guys the consumer, but i don't care hd content is free online no data cap lol, But still sonys gone at got there hand into setting stricter copy rite laws we all lose well hd dvd fans<- and you should know there the good guys not the other way round!, but you dont!, down loaders in Australia Brittan also lose they may swell be named division of sony corp, So you should die anonymous, Because quite frankly theres to many idiots like you. Thank you :-).
Coz its cheaper? lmao!, and whats this bull crap this they were selling cheap to get rid of it yea right they were selling because its cheaper to manufacture so also means bigger capacity hd dvds would of been released than Blu ray, not mention less stringent copy right laws and reigion free, Very sad news for the hd dvd guys the consumer, but i don't care hd content is free online no data cap lol, But still sonys gone at got there hand into setting stricter copy rite laws we all lose well hd dvd fans<- and you should know there the good guys not the other way round!, but you dont!, down loaders in Australia Brittan also lose they may swell be named division of sony corp, So you should die anonymous, Because quite frankly theres to many idiots like you. Thank you :-).
Quote
Posted on 05:32, February 19th 2008
Anonymous

Anonymous

Learn to write proper English before you start ranting. Also, some punctuation would be nice.
Learn to write proper English before you start ranting. Also, some punctuation would be nice.
Quote
Posted on 10:19, February 19th 2008
Anonymous

Anonymous

BlueRay = VHS. Same story all over again. Its favoured by the big bussiness only becouse its more controlable and more expensive. Screw you Sony and CO.
BlueRay = VHS. Same story all over again. Its favoured by the big bussiness only becouse its more controlable and more expensive. Screw you Sony and CO.
Quote
Posted on 11:04, February 19th 2008
Anonymous

Anonymous

Anonymous:
Learn to write proper English before you start ranting. Also, some punctuation would be nice.


Quoted for truth. I was clawing at my eyeballs trying to make sense of that gargle.
[quote][b]Anonymous:[/b] Learn to write proper English before you start ranting. Also, some punctuation would be nice.[/quote] Quoted for truth. I was clawing at my eyeballs trying to make sense of that gargle.
Quote
Posted on 19:42, February 19th 2008
 

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