R.I.P. HD DVD: Toshiba reportedly ends the war

Toshiba plans to withdraw from HD DVD production, according to a report on Japan's NHK. This follows announcements by Netflix, Best Buy, and Wal-Mart to favor Blu-ray Disc format.

We have a winner.

Well, that's it. Toshiba appears to be pulling the plug on HD DVD. Toshiba has not commented publicly, but a report on Japan's NHK says Toshiba has made the decision to withdraw from next generation high-definition DVD production.

This news certainly doesn't come as surprise to anyone remotely following HD DVD's format war with rival Blu-ray. HD DVD had suffered a string of defections, with Warner , Netflix , Best Buy , and Wal-Mart all recently pledging their alliance to Blu-ray.

The NHK report says existing HD DVD products will remain on the market for a while, but Toshiba will stop further development of HD DVD. The report also estimates that Toshiba will take a hit to the tune of "hundreds of millions of U.S. dollars" and will close factories in northern Japan.

Elsewhere this weekend, Sony and its Blu-ray buddies are going to make like VHS and party like it's 1989.

Source | Via

UPDATE: Reuters now points to an unnamed company source who says, yep, we're done. An official announcement from Toshiba could come next week.

 

ARTICLE DISCUSSION

Conversation powered by Livefyre

Don't Miss
Hot Products
Trending on CNET

Hot on CNET

CNET's giving away a 3D printer

Enter for a chance to win* the MakerBot Replicator 3D Printer and all the supplies you need to get started.