Audio Video News

In a widely anticipated press conference today at Toshiba's corporate offices in Tokyo, Japan, the company finally announced its decision to pull the plug on HD DVD. According to a Reuters report, it will begin reducing shipments of players and recorders immediately, with the goal of shutting down the business by the end of next month.

It's been less than a week since we <A href="http://www.ultimateavmag.com/news/208badhd/">reported</A> that Netflix will stop renting HD DVDs in favor of Blu-ray discs and Best Buy will promote only Blu-ray, even though it will still carry HD DVD products in its stores. Now, an <A href="http://checkoutblog.com/entries/2008/2/15/wal_mart_chooses_a_hi_def_plat... blog</A> by some Wal-Mart Associates reveals that the &#252;ber retail chain will carry Blu-ray discs and players exclusively as of June, 2008. As blogger Susan writes, "If you bought the HD player like me, I'd retire it to the bedroom, kid's playroom, or give it to your parents to play their John Wayne standard-def movies."

Despite Toshiba's attempts to keep HD DVD alive by cutting prices on their players, the format received two crushing blows today. First, Netflix announced it would drop its support for HD DVD and offer only Blu-ray titles to those seeking to rent high-def discs. The existing stock of HD DVDs will continue to be made available until their life cycle is over.