A lot of Blu-ray studios pointed me to a Financial Times article today claiming that, thanks to a contract clause, Paramount would drop its support of HD-DVD after Warner Bros’ recent decision to go Blu-ray exclusively. The article sure made it seem like the death rattle of HD-DVD, especially when combined with my CES report that HD-DVD had canceled its big dog-&-pony show because of the Warner Bros defection.
Turns out that Paramount now is denying there’s a clause in its contract with the HD-DVD camp that would allow it to switch sides in the event of Warner Bros backing Blu-ray. Oops. “Paramount’s current plan is to continue to support the HD DVD format,” Brenda Ciccone, a spokeswoman for Paramount, told Bloomberg Financial News today. On the other hand, I don’t see any correction on the Financial Times website yet.
- HD-DVD Cancels CES Dog-&-Pony Show; Cites “Impact” Of Warner Bros’ Blu-Ray
- Warner Bros Will Release Exclusively In Blu-ray Hi-Def Format
- Wal-Mart & Best Buy Hugely Discounting Xmas HD-DVD Players
- Blu-ray/HD DVD: Which Hollywood Studio Accused Of ‘Big Ass, Fat, Stupid Lie’?
- Michael Bay Switches Support To HD-DVD
- Michael Bay Says To Paramount: No Blu-Ray, So No ‘Transformers’ Sequel!
- Desperation Move & Cash Grab? Or Bloodier Blu-ray/HD-DVD Format War?