Toshiba to end production of HD DVD players and recorders.
TELECOMWORLDWIRE-19 February 2008-Toshiba to end production of HD DVD players and recorders(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Electronics company Toshiba has announced that it is to end the production of its high definition (HD) DVDs, as US film studios back the Blu-ray format and following a review of its business.
The company will stop making HD DVD players and recorders, ending the battle with Blu-ray, a rival format being developed by electronics company Sony and partners, to determine the industry standard.
Toshiba said it will continue to provide machines to retailers until the end of March 2008, with technical support to continue to be offered to around 1m people around the world who have purchased HD DVD players and recorders.
Warner Bros last month followed other film studios by deciding to release its movies in the Blu-ray format only and retailer Wal-Mart last week stated it will only sell HD DVDs in the Blu-ray format at its 4,000 stores in the US.
Studios including Universal, DreamWorks and Paramount have committed to producing movies in HD DVD, which means Toshiba's withdrawal from production is likely to reduce the number of films offered in the format. Video rental companies such as Blockbuster and Netflix will phase out the HD DVD format backed by Toshiba, according to BBC News.
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|Date:||Feb 19, 2008|
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