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Toshiba pulls plug on HD DVD

Yesterday's announcement that Wal-Mart was going Blu-ray exclusive by summer appears to have been the deciding blow in the high-definition format war. According to this report, Toshiba Corp. is conceding defeat and ceasing production of all HD DVD players and software.

A story that appeared yesterday on The Hollywood Reporter's website hinted that the decision was looming. The electronics manufacturer had lowered prices of players so much that they were losing money on every unit sold. Plus, if you can't sell it at Wal-Mart, you can't sell it at all. RIP, HD DVD. You were loved. But not by enough people.

 

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