“According to the New York Times, HD DVD promoters are paying $150 million to Paramount/Dreamworks to pay for Paramount dropping its support of Blu-ray while retaining support of HD DVD,” Robert Smith reports for TVPredictions.
“Two years ago, Paramount announced that they would support both HD DVD and Blu-ray in the HDTV disc format war. Blu-ray has been selling two-to-one over HD DVD this year, and this includes Paramount titles,” Smith reports.
“Within the market for HDTV disc players, consumers have to be warned that they cannot depend on anything. I am advising all of my friends and associates to be wary of both formats now, and especially of the apparent commitments made by studios,” Smith reports.
“This decision of Paramount has seriously destabilized the already tenuous HDTV disc market and left customers in a greater state of uncertainty and mistrust that they were before,” Smith reports.
Full article here.
[Thanks to MacDailyNews Reader “Giuseppe S.” for the heads up.]