Paramount: We're Sticking with HD DVD

Tue Jan 8, 2008 11:15PM EST

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Paramount has issued a statement saying that the Financial Times story published earlier today claiming Paramount was set to drop HD DVD in favor of Blu-ray is false.

"Paramount's current plan is to continue to support the HD DVD format,'' according to a spokeswoman for Paramount, as quoted by Bloomberg.

The original Financial Times story, says HD DVD backer Toshiba, was speculative. Now the question arises how the normally rock-solid FT got this one wrong. A malicious plant from an anonymous source? Or simple speculation gone awry?

On the other hand, Paramount's "current plan" could certainly change at any time.

In any case, for now, consider this one a rumor that's debunked.

LINK: Paramount Denies Report It Will Drop Toshiba's HD DVD 

Comments on Paramount: We're Sticking with HD DVD

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  • 1 Posted by urhit on Wed Jan 9, 2008 12:07AM EST Report Abuse

    Foolish satatement from paramount.Sticking with dead technology.They should support blu ray.

  • 2 Posted by jirojas on Wed Jan 9, 2008 12:23AM EST Report Abuse

    Great... Well I hope Universal jumps ship, that would make Paramount look foolish.

  • 3 Posted by slingerff8 on Wed Jan 9, 2008 12:51AM EST Report Abuse

    Well, so much for that. Blu-Ray is still in the driver's seat however and the news still won't detract me for purchasing a PS3.

  • 4 Posted by magpagbst on Wed Jan 9, 2008 12:52AM EST Report Abuse

    unfortunately . . . this will have no impact on the dreadful fact that my shiny new hp laptop came installed with the mundane windows vista . . . ugh!

  • 5 Posted by magpagbst on Wed Jan 9, 2008 12:56AM EST Report Abuse

    oh no . . . oh g-o-d no . . . i can't take this anymore . . . where's my xanax!?!?!?

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