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Paramount denies its dropping HD DVD

9 January 2008 16:04 by Andre "DVDBack23" Yoskowitz | 18 comments

Paramount denies its dropping HD DVD Paramount Pictures has publicly denied The Financial Times' report that it is following in the footsteps of Warner Bros. and abandoning HD DVD.

"Paramount's current plan is to continue to support the HD DVD format," Brenda Ciccone, a spokeswoman for Paramount, said in an e-mail.

Paramount however, can defect if it so chooses to due to a clause in its contract with HD DVD that allows the studio to switch if Warner Bros. ever decided to. Warner made their decision last week.

Toshiba and Sony declined to comment on the original report.

Source:
Bloomberg


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Related articles:

  • Toshiba dropping HD DVD? (15 February 2008)
  • BBC to continue dual format HD releases (16 January 2008)
  • Universal rumored to be pondering Blu-ray switch (10 January 2008)
  • CES 2008: Retailers not ready to declare Blu-ray victory (9 January 2008)
  • HBO moves to Blu-ray as well (9 January 2008)
  • CES 2008: Blu-ray camp is already waving signs of victory (8 January 2008)
  • Paramount to drop HD DVD? (8 January 2008)
  •  

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     Post your comment
    Discuss this article! 
    goodswipe (Inactive) 9 January 2008 16:22 Send private message to this user   
    So the rumors are smashed!
    sharks06 (Newbie) 9 January 2008 16:25 Send private message to this user   
    Warner dropping out was probably the end of HD DVD, but it absolutely will be all over for the HD DVD camp if Paramount drops out.
    sciascia (Junior Member) 9 January 2008 16:29 Send private message to this user   
    I don't think they will make any real decision until they see first hand if their products still sell after May.
    tavek (Member) 9 January 2008 16:30 Send private message to this user   
    Didnt WARNER Bros say they werent dropping HD DVD, oh yeah, THEY DID.
    red2tango (Inactive) 9 January 2008 16:59 Send private message to this user   
    Originally posted by goodswipe:
    So the rumors are smashed!
    warner also denied it but switched.everyone denies because they want to stir up rumours and attract more and more attention to the subject!
    domie (Member) 9 January 2008 17:23 Send private message to this user   
    I think it's probably the very opposite, they are probably already planning how to slip away quietly but for the moment are denying it to take the heat and attention away from themselves until they announce it in public.
    chaos_zzz (Junior Member) 9 January 2008 17:41 Send private message to this user   
    same as warner, we all know the final desition is
    vinny13 (Inactive) 9 January 2008 17:56 Send private message to this user   
    Lol they better make some good movies :P
    Chavo (Member) 9 January 2008 18:44 Send private message to this user   
    Paramount, resist the dark side.
    sgriesch (Junior Member) 9 January 2008 19:06 Send private message to this user   
    I'm glad that everyone isn't jumping ship just yet.
    camaro17 (Member) 9 January 2008 20:14 Send private message to this user   
    ok warner did the same, hell everyone does this, even if they have plans for it, they will switch, it mat not be for a while, but by the time their contract expires they'll already have it planned out perfectly.

    Peace
    newcloud (Senior Member) 9 January 2008 21:20 Send private message to this user   
    its only a matter of time before they change sides because they no
    there fighting a losing battle
    glasssd (Inactive) 9 January 2008 21:57 Send private message to this user   
    They already have most of the movies in their warehouse. Isnt this the same thing WB said???
    Leningrad (Member) 9 January 2008 22:28 Send private message to this user   
    Quote:
    Warner dropping out was probably the end of HD DVD, but it absolutely will be all over for the HD DVD camp if Paramount drops out.
    Paramount will support blu-ray sooner or later, Toshiba is just manipulating them temporarily. As you have stated in your post
    if paramount abandons HDDVD , it will mean a end to this format. And it will. It will not be long before paramount drops out HDDVD completely in
    favour of the blu-ray medium. When paramount drops out HDDVD which I estimate to occur in 3 months, NIC and Toshiba will have to somehow
    manage to solve the problem it made itself with tons of consumers that
    have stupidly purchased a player in the format-war. No one likes to keep
    a dead medium. We are reaching the conclusion of this worthless competition, and when It does blu-ray will embark in a similar life-cycle in which the former DVD had. It will have its ACSS decrypted, just as DVD's CSS was shattered, and it will have a successor perhaps the holographic disc. The future of data mediums will not be clear, and what about Toshiba how will they clean up this problem at most I can only say Time Will Tell.
    mspurloc (Member) 10 January 2008 0:10 Send private message to this user   
    If I had as big an inventory of expensive boxed sets as Paramount, I'd drag my feet a little, too.
    Besides, nobody said they were dropping it immediately. Just that they were looking to get out of their contract.
    Since they have a free pass from Warner to drop the agreement with them, it's only the hardware aspect of it they have to worry about now. That and cutting their losses.
    As for the denial, as has been said here, Warner and New Line said the same thing, right up until they did it.
    HBO has dropped it now and BBC Video will be next.
    The inferior format wins again.
    ripxrush (Newbie) 10 January 2008 2:14 Send private message to this user   
    I am a little bummed about the whole HD-DVD WB thing (especially cause i hae HD) I really think with the technology that is out today that they should have tried harder for the dual format HD-DVD & Bluray disk like the SD-DVD & HD-DVD combo disks (btw those are great!) i mean beta max vs VHS well you couldn't just flip over the tape for another format but in this situation you can & what would it cost another $5? I would pay 35-40 for a movie that has both knowing that i can play it on any player i may run into!
    eatsushi (Senior Member) 10 January 2008 14:00 Send private message to this user   
    It could mean something but of course it could also mean nothing but:

    Quote:
    Paramount Delays 'Into the Wild,' 'Things We Lost in the Fire' HD DVDs
    Thu Jan 10, 2008 at 01:24 PM ET

    Paramount has announced a street date delay for its HD DVD releases of 'Into the Wild' and 'Things We Lost in the Fire,' pushing both titles back to early March.

    As we've previously reported, the studio originally announced the two HD DVD releases for February 12, day-and-date with their standard DVD counterparts. This new street date bump will now see the high-def versions hit store shelves three weeks later, on March 4.

    No reason was given for the delay, but specs remain unchanged for both titles
    http://www.highdefdigest.com/news/show/P...re_HD_DVDs/1353

    I hope though that Paramount's HD DVD of Beowulf gets released on time (Feb 26). I missed the theatrical run but would like to see it in HD.

    Update: They're also be delaying the regular DVD versions so it could be nothing.

    This message has been edited since posting. Last time this message was edited on 10 January 2008 14:50

    borhan9 (AfterDawn Addict) 10 January 2008 19:14 Send private message to this user   
    Nothing big here it really will come out in another article and either say we support it fully for the time being or get rid of it atm they are siting on the fence.
     Post your comment
     

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