Toshiba has officially thrown in the towel on their next-gen replacement for DVD discs.
A couple interesting points:
1. In announcing the decision to fold, Toshiba’s president said “it was still uncertain what will happen with the Hollywood studios that signed to produce HD DVD movies, including Universal Studios, Paramount Pictures and DreamWorks Animation.”
Uh, I’m guessing they start producing Blu-ray movies just about as quickly as possible. Still, there will be some delay, and there will probably still be some HD-DVD exclusives trickling on to shelves in the next few weeks.
2. According to Engadget, Toshiba said it currently has no plans to develop and sell Blu-ray players. I find that hard to believe.
While some sulking is inevitable, Toshiba will certainly wise up soon and realize that some revenue is better than none, even if Toshiba does have to pay Sony and the other Blu-ray founders some sort of royalty.
I have no doubt we’ll see Toshiba Blu-ray players on store shelves by Christmas.
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