Toshiba Quits HD DVD, It's Finally Official

The HD DVD/Blu-ray format war is over and Blu-ray has won the nearly two year long battle after Toshiba president Atsutoshi Nishida announced this morning in Tokyo that the company will no longer develop, make, or market HD DVD players. He admitted that Warner Bros. decision early in January to back the Blu-ray format exclusively was the blow that killed HD DVD. It's unclear as to what will happen with Paramount Pictures, Universal Studios and DreamWorks Animation, the remaining major Hollywood studios that stuck by HD DVD's side until the very end. I would imagine there would be a clause in their respective contracts that would free them from HD DVD exclusivity if HD DVD no longer exists. We do know that shipments of HD DVD players will cease by the end of March, so if you want one of the remaining HD DVD players out there to add to your Betamax collection in the attic, now is the time to do it. Finally, after all the rumors and insider info floating around the blogosphere, an official announcement!

Via CNN
Image Credit: Shiny Shiny

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