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Toshiba to abandon HD DVD within weeks

February 15th, 2008 · No Comments

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Is Toshiba about to throw in the towel on HD DVD once and for all? According to an uncorroborated report carried by The Holllywood Reporter, ‘reliable industry sources’ hint that the Japanese giant is on the verge of conceding defeat in its battle with Blu-ray.
The website claims that the shifting stance of certain Hollywood studios and ongoing losses on HD DVD hardware have convinced the company to abandon the format. The website suggest an announcement could be made by Toshiba within ‘a matter of weeks’.

Tags: Corporate · HD DVD and Blu-ray · Trade · Video games

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