Showing posts with label Toshiba. Show all posts
Showing posts with label Toshiba. Show all posts

Thursday, February 21, 2008

Pre-orders for upcoming HD DVD stayed strong at Amazon.com

Pre-orders for upcoming HD DVD titles stayed strong at Amazon.com. despite Toshiba Corp.'s announcement that it will exit the HD DVD business.
Advanced sales for There Will Be Blood on HD DVD increased 1,341 percent, Sweeney Tood – The Demon Barber of Fleet Street up 1,099 percent, and I Am Legend increased 144 percent by Wed. afternoon.

Amazon this week said it will more prominently promote Sony Corp.'s Blu-ray hardware and software to customers, but continue the sale of HD DVD products.

The HD DVD camp faced a barrage of setbacks last week when Netflix Inc., Best Buy Co. Inc, and Wal-Mart stores said each would back the Blu-ray disc format over HD DVD.

Toshiba on Tues. said it expects to exit the HD DVD business by Mar.

Major retailers this week are offering steep discounts on HD DVD products to move inventory.

Source

Sunday, February 17, 2008

Toshiba may say goodbye to HD DVD



Toshiba may pull the plug on its high-definition DVD format but no decision has been made, the Japanese electronics maker said in a statement Monday.
Toshiba Corp. has started a review of its HD DVD business, it said, amid reports by the Wall Street Journal and Kyodo News agency that Toshiba was considering pulling out after losing ground to the competing Blu-ray disc format.

The Journal, citing people familiar with the situation, reported Sunday that the company is likely to pull out early this week.

A Toshiba pullout would signal the almost certain defeat of HD DVD to Blu-ray, which is backed by Sony Corp., five major Hollywood movie studios and others.

Only one format has been expected to emerge as the winner, much like VHS trumped Sony's Betamax in the video format battle of the 1980s.

Recently the Blu-ray disc format has been gaining market share, while Toshiba has been forced to slash prices to sell its HD DVD machines.

On Friday, Wal-Mart Stores Inc., the largest U.S. retailer, said it will sell only Blu-ray DVDs and hardware and no longer carry HD DVD offerings

Source