Well, that's it. Toshiba appears to be pulling the plug on HD DVD. Toshiba has not commented publicly, but a report on Japan's NHK says Toshiba has made the decision to withdraw from next generation high-definition DVD production.
This news certainly doesn't come as surprise to anyone remotely following HD DVD's format war with rival Blu-ray. HD DVD had suffered a string of defections, with Warner, Netflix, Best Buy, and Wal-Mart all recently pledging their alliance to Blu-ray.
The NHK report says existing HD DVD products will remain in the market for a while, but Toshiba will stop further development of HD DVD. The report also estimates that Toshiba will take a hit to the tune of "hundreds of millions of U.S. dollars" and will close factories in northern Japan.
Elsewhere this weekend, Sony and its Blu-ray buddies are going to make like VHS and party like it's 1989.
Showing posts with label Blue Ray. Show all posts
Showing posts with label Blue Ray. Show all posts
Feb 17, 2008
R.I.P. HD DVD: Toshiba reportedly ends the war
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