Posted on Engadget today, and various other internet sources..Japan’s NHK has followed up The Hollywood Reporter’s earlier indications Toshiba was ready to dump its money-losing HD DVD business, with news that the company is prepared to cease manufacturing software and hardware, at a loss of hundreds of millions of dollars. This caps the worst week ever for red, when HD DVD was dumped by Netflix and Wal-mart. Well now, this was surprisingly quick. Finally!
Fresh from getting its arse kicked by Blu-ray last month, the hits still keep on coming. DVD rental service Netflix has just announced that it will no longer stock HD-DVD’s in its lineup. “Netflix said that with such a clear signal from the industry, it will only buy Blu-ray discs going forward and will phase out stock of HD DVD by about the end of the year.” Ouch. That’s one way to close the gates on some one, limit the choices at the store level! Hmmm, this thing may be over sooner rather than later. Look at all those cheap HD-DVD players out there. Sorry guys, ain’t gonna happen.
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