Format War Update: Economy, DVD sales slip drove Warner to Blu-ray

This is a follow up to last weeks news.

By Kenneth Li LAS VEGAS (Reuters) - Fears of a deteriorating U.S. economy and falling DVD industry sales helped drive Warner Bros’s decision to back Sony’s Blu-ray next generation DVD format exclusively….

The key point of this article:
“Tsujihara said the company needed to quickly erase consumer and retailer confusion over dueling DVD formats before economic conditions deteriorated.”
Well there you have it. Its a good article summarizing the reasoning behind last weeks bombshell.

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