Your name or email adress:
Do you already have an account?
Forgot your password?
  • Log in or Sign up


    Results 1 to 4 of 4
    1. #1
      Raha's Avatar
      Raha is offline Be EASY.

      Join Date
      May 2005
      Location
      SW H-Town
      Posts
      2,031
      Blog Entries
      11
      Thumbs Up/Down
      Received: 0/0
      Given: 0/0
      Rep Power
      244

      Toshiba quits HD DVD business


      0 Not allowed! Not allowed!
      http://money.cnn.com/2008/02/19/tech...ion=2008021904

      Toshiba quits HD DVD business

      Decision hands victory in DVD format battle to Sony-backed Blu-ray technology.

      February 19 2008: 4:36 AM EST

      TOKYO (AP) -- Toshiba said Tuesday it will no longer develop, make or market HD DVD players and recorders, handing a victory to rival Blu-ray disc technology in the format battle for next-generation video.

      "We concluded that a swift decision would be best," Toshiba President Atsutoshi Nishida told reporters at his company's Tokyo offices.

      The move would make Blu-ray - backed by Sony Corp (SNE)., Matsushita Electric Industrial Co., which makes Panasonic brand products, and five major Hollywood movie studios - the winner in the battle over high-definition DVD formatting that began several years ago.

      Nishida said last month's decision by Warner Bros. Entertainment to release movie discs only in the Blu-ray format made the move inevitable.

      "That had tremendous impact," he said. "If we had continued, that would have created problems for consumers, and we simply had no chance to win."

      Warner joined Sony Pictures, Walt Disney Co (DIS, Fortune 500). and News Corp.'s (NWS, Fortune 500) Twentieth Century Fox in that move.

      Nishida said his company had confidence in HD DVD as a technology and tried to assure the estimated 1 million people, including some 600,000 people in North America, who already bought HD DVD machines by promising that Toshiba will continue to provide product support for the technology.

      Both HD DVD and Blu-ray deliver crisp, clear high-definition pictures and sound, which are more detailed and vivid than existing video technology. They are incompatible with each other, and neither plays on older DVD players. But both formats play on high-definition TVs.

      HD DVD was touted as being cheaper because it was more similar to previous video technology, while Blu-ray boasted bigger recording capacity.

      Only one video format has been expected to emerge as the victor, much like VHS trumped Sony's Betamax in the video format battle of the 1980s.

      Nishida said it was still uncertain what will happen with the Hollywood studios that signed to produce HD DVD movies, including Universal Studios, Paramount Pictures and DreamWorks Animation (DWA).

      Toshiba's pulling the plug on the technology is expected to reduce the number of new high-definition movies that people will be able to watch on HD DVD machines. Toshiba Corp. said shipments of HD DVD machines to retailers will be reduced and will stop by end of March.

      Sales in Blu-ray gadgets are now likely to pick up as consumers had held off in investing in the latest recorders and players because they didn't know which format would emerge dominant.

      Despite being a possible blow to Toshiba's pride, the exit will probably lessen the potential damage in losses in HD DVD operations. Goldman Sachs has said pulling out would improve Toshiba's profitability between $370 million to $460 million a year.

      The reasons behind Blu-ray's triumph over HD DVD are complex, as marketing, management maneuvers and other factors are believed to have played into the shift to Blu-ray's favor that became more decisive during the critical holiday shopping season.

      Once the balance starts tilting in favor of one in a format battle, then the domination tends to grow and become final, said Kazuharu Miura, an analyst at Daiwa Institute of Research in Tokyo.

      "The trend became decisive I think this year," he said. "When Warner made its decision, it was basically over."

      With movie studios increasingly lining up behind Blu-ray, retailers also began to stock more Blu-ray products.

      Friday's decision by Wal-Mart Stores Inc (WMT, Fortune 500)., the largest U.S. retailer, to sell only Blu-ray DVDs and hardware appeared to deal a final blow to the Toshiba format. Just five days earlier, Netflix Inc. (NFLX) said it will cease carrying rentals in HD DVD.

      Several major American retailers had already made similar decisions, including Target Corp. (TGT, Fortune 500) and Blockbuster Inc (BBI, Fortune 500).

      Also adding to Blu-ray's momentum was the gradual increase in sales of Sony's PlayStation 3 home video-game console, which also works as a Blu-ray player. Sony has sold 10.5 million PS3 machines worldwide since the machine went on sale late 2006.

      HD DVD supporters included Microsoft Corp (MSFT, Fortune 500)., Intel Corp (INTC, Fortune 500). and Japanese electronics maker NEC Corp.

      Microsoft's Xbox 360 game machine can play HD DVD movies, but the drive had to be bought separately, and Nishida said about 300,000 people have those.

      Worldwide sales of personal computers with HD DVD drives total about 300,000 worldwide, including 140,000 in North America and 130,000 in Europe, he said.

      Recently, the Blu-ray disc format has been gaining market share, especially in Japan. A study on fourth quarter sales last year by market researcher BCN Inc. found that by unit volume, Blu-ray made up 96 percent of Japanese sales.

      Sony said it did not have numbers on how many Blu-ray players had been sold globally.

      Toshiba's stock slipped 0.6% Tuesday to 824 yen after jumping 5.7% Monday amid reports that a decision was imminent. Sony shares climbed 2.2% to 5,010 yen after rising 1% Monday.

      Also Tuesday, Toshiba said it plans to spend more than $15.7 billion for two plants in Japan to produce sophisticated chips called NAND flash memory, which are used in portable music players and cell phones. Production there will start in 2010.
      Pyrrhic Victory (New songs are up!): http://www.reverbnation.com/pyrrhicvictory

      Some people take themselves WAY TOO SERIOUSLY, when in actuality, no one else is really taking them as seriously as they think.

    2. #2
      rebelAfrika's Avatar
      rebelAfrika is offline Pan-Africanism or Perish!

      Join Date
      Jun 2004
      Location
      Conakry, Guinea
      Posts
      5,324
      Thumbs Up/Down
      Received: 1/0
      Given: 0/0
      Rep Power
      498

      0 Not allowed! Not allowed!
      So blu ray's gonna win, eh?

    3. #3
      Raha's Avatar
      Raha is offline Be EASY.

      Join Date
      May 2005
      Location
      SW H-Town
      Posts
      2,031
      Blog Entries
      11
      Thumbs Up/Down
      Received: 0/0
      Given: 0/0
      Rep Power
      244

      0 Not allowed! Not allowed!
      Quote Originally Posted by rebelAfrika View Post
      So blu ray's gonna win, eh?
      Unfortunately, yes.
      Pyrrhic Victory (New songs are up!): http://www.reverbnation.com/pyrrhicvictory

      Some people take themselves WAY TOO SERIOUSLY, when in actuality, no one else is really taking them as seriously as they think.

    4. #4
      rebelAfrika's Avatar
      rebelAfrika is offline Pan-Africanism or Perish!

      Join Date
      Jun 2004
      Location
      Conakry, Guinea
      Posts
      5,324
      Thumbs Up/Down
      Received: 1/0
      Given: 0/0
      Rep Power
      498

      0 Not allowed! Not allowed!
      Quote Originally Posted by Raha View Post
      Unfortunately, yes.
      You don't like the format? Or you already got a bunch of HD DVD's?

    Thread Information

    Users Browsing this Thread

    There are currently 1 users browsing this thread. (0 members and 1 guests)

    Similar Threads

    1. Toshiba dynaPad Release Date, Price and Specs - CNET
      By TTDC Bot in forum PC Tech Advice & Technology RSS
      Replies: 0
      Last Post: 01-08-2016, 01:00 AM
    2. Replies: 0
      Last Post: 10-14-2015, 01:00 AM
    3. Toshiba clicks into gear with its new low cost two-in-one Windows 10 device
      By TTDC Bot in forum PC Tech Advice & Technology RSS
      Replies: 0
      Last Post: 09-16-2015, 01:00 AM
    4. Misihairabwi quits MDC
      By TTDC Bot in forum Afrikan News RSS Feed
      Replies: 0
      Last Post: 02-18-2015, 01:00 AM
    5. Toshiba to make solid-state drives in push for flash
      By Jahness in forum P C Tech Advice & Technology
      Replies: 0
      Last Post: 12-10-2007, 10:56 PM

    Thread Participants: 1

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •  


    About

      Assata Shakur Speaks is an Forum Devoted To Assata Shakur And All Political Prisoners Around The World.
      Assata Shakur Speaks Is An Oasis Of Pan African Information Geared Towards The Liberation Of Afrikan People.

    Follow Us On

    Twitter Facebook youtube Flickr DavianArt Dribbble RSS Feed



    BACK TO TOP