DREAMWORKS - HD DVD TAKES ONE-TWO PUNCH

Toshiba's HD DVD high-definition home-video system was dealt two new blows Monday after online renter Netflix said it will distribute movies released in the Blu-ray system exclusively and retailer Best Buy said that it will discontinue selling HD DVD players beginning next month. In a statement, Ted Sarandos, chief content officer for Netflix, said, "From the Netflix perspective, focusing on one format will enable us to create the best experience for subscribers." Separately, Brian Dunn, Best Buy's president and COO said. "Our decision to shine a spotlight on Blu-ray Disc players and other Blu-ray products is a strong signal to our customers that we believe Blu-ray is the right format choice for them." Of the major studios, only Paramount/DreamWorks and Universal continue to produce HD DVD discs.

12/02/2008