Andre Yoskowitz
10 Jan 2008 18:00
Despite a widely spread rumor fueled by a quote in Variety, Universal Studios has officially dismissed the rumor that it will be dropping HD DVD in favor of Blu-ray.
"Contrary to unsubstantiated rumors from unnamed sources, Universal's current plan is to continue to support the HD DVD format," said Ken Graffeo, executive vice president of HD strategic marketing for Universal Studios Home Entertainment and also co-president of the HD DVD Promotional Group.
Graffeo also made it clear that the response would have come earlier but but many members of the HD DVD Promotional Group were on flights home from CES when the rumor started to pick up steam.
Yesterday, Variety started the rumor by saying ""Universal's commitment to backing HD DVD exclusivity has ended." The dismissal of the rumor follows yesterday's news that Paramount is staying committed to HD DVD despite rampant rumors otherwise.
Source:
betanews
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