James Delahunty
1 Apr 2007 17:48
DreamWorks Animation CEO Jeffrey Katzenberg was asked at a Bank of America conference in New York on Wednesday, which high-definition DVD format he expected to win the format war. His answer was unusual among the top movie industry executives; "neither". "Blu-Ray and HD DVD are a niche business. They're not going to become the next platform," he said.
He continued: "I think for the general consumer, there is not a big enough delta between the standard DVD in terms of where it is today and the next generation." DreamWorks distributor Paramount does release movies in both Blu-Ray and HD DVD, but it hasn't distributed popular animated works on either format yet.
Instead, Katzenberg is more optimistic about the promise that digital distribution offers, calling it "staggering". He did admit however that move downloaders, at least, won't spark industry growth for some time.
Source:
Variety