Paramount to end HD DVD releases

Date : 02/29/2008 @ 8:27PM
Source : TFN
Stock : Viacom Inc (VIA)
Quote : 31.01  1.13 (3.78%) @ 3:37PM
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Paramount to end HD DVD releases

        LOS ANGELES (AP) - In a further sign that Sony Corp.'s Blu-ray has won the
high-definition format war, Paramount Pictures home entertainment unit said
Friday it will release its last HD DVD titles on Tuesday.
    The company intends to switch to Blu-ray after it offers "Things We Lost in
the Fire" and "Into the Wild" in HD DVD.
    Paramount said it is in the process of determining its Blu-ray release
schedule.
    Universal Studios said last week it was shifting its focus to Sony's Blu-ray
standard.
    That announcement came after Toshiba Corp. said it would no longer develop,
make or market players and recorders in HD DVD, the standard it invented.
    Blu-ray won another key battle last month when Warner Bros. Entertainment
chose it as the exclusive format for its releases.
    Other Blu-ray backers are Sony Pictures, Walt Disney Co. and News Corp.'s
Twentieth Century Fox.
    Paramount is a division of Viacom Inc.
    
Copyright 2007 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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