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HD discs formats to coexist for forseeable future

September 17th, 2007 · No Comments

If you’re waiting for a clear winner in the HD format war, you could be kicking your heels for some time to come. Aggressive positioning from both and camps will ensure that both HD disc formats are forced to co-exist for the foreseeable future, with no clear winner emerging. So concludes a report from UK-based market research group Screen Digest. But while the format war will slow down consumer take-up of HD packaged media, Hollywood is still in line for a substantial windfall. Screen Digest suggests that consumer spending on hi-def discs will rocket to 1.55 billion dollars in 2008. As a consequence, it predicts, it will only be a matter of time before the majority of studios capitulate and begin to offer their titles in both formats.

Tags: HD DVD and Blu-ray · Trade

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