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DREAMWORKS - UNIVERSAL SAYS IT REMAINS LOYAL TO HD DVD

Caption: Christina Steinberg with Lulu and Olivia. New York premiere of the Dreamworks animation 'Bee Movie' at Lincoln Square 13. New York City, USA - 25.10.07

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Universal has followed Paramount/DreamWorks in announcing that it will continue to release high-definition video disks in the HD DVD format. Ken Graffeo, head of Universal's Home Entertainment HD unit, denied trade reports that the studio was planning to abandon the format in the wake of Warner Bros.' decision to release high-definition video versions of its movies in the Blu-ray format exclusively. "Contrary to unsubstantiated rumors from unnamed sources, Universal's current plan is to continue to support the HD DVD format," Graffeo said in a statement.

11/01/2008

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