Getting my que in order for the weekend and decided to check out their press releases. Looks like today they announced that they are going to phase out HD-DVD's and go with the blu-ray format.
Looks like another shot in the heart for toshiba. I wish this whole thing would play out and be done with already.
BEVERLY HILLS, Calif., Feb. 11 /PRNewswire-FirstCall/ -- With the industry now having picked a winner in the face-off between the two competing high- definition DVD formats, Netflix, Inc. (NASDAQ: NFLX), the world's largest online movie rental service, today said that it will move toward stocking high-def DVDs exclusively in the Blu-ray format.
Citing the decision by four of the six major movie studios to publish high-def DVD titles only in the Sony-developed Blu-ray format, Netflix said that as of now it will purchase only Blu-ray discs and will phase out by roughly year's end the alternative high-def format, HD DVD, developed by Toshiba.
Full article here - http://netflix.mediaroom.com/index.php?s=43&item=265
Looks like another shot in the heart for toshiba. I wish this whole thing would play out and be done with already.
BEVERLY HILLS, Calif., Feb. 11 /PRNewswire-FirstCall/ -- With the industry now having picked a winner in the face-off between the two competing high- definition DVD formats, Netflix, Inc. (NASDAQ: NFLX), the world's largest online movie rental service, today said that it will move toward stocking high-def DVDs exclusively in the Blu-ray format.
Citing the decision by four of the six major movie studios to publish high-def DVD titles only in the Sony-developed Blu-ray format, Netflix said that as of now it will purchase only Blu-ray discs and will phase out by roughly year's end the alternative high-def format, HD DVD, developed by Toshiba.
Full article here - http://netflix.mediaroom.com/index.php?s=43&item=265
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