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Financial Times: Paramount to Switch to Blu-Ray, Killing HD DVD

Matthew Garrahan and Mariko Sanchanta reporting for The Financial Times:

Paramount is poised to drop its support of HD DVD after Warner Brothers’ recent backing of Sony’s Blu-ray technology, in a move that will sound the death knell of HD DVD and bring the home entertainment format war to a definitive end.

[…] Paramount, which is owned by Viacom, is understood to have a clause in its contract with the HD DVD camp that would allow it to switch sides in the event of Warner Brothers backing Blu-ray, according to people familiar with the situation.

(In case you missed it, Warner Brothers did just that last week.)

Monday, 7 January 2008