Toshiba confirms dropping of HD DVD
Toshiba has officially announced that the company will no longer develop, manufacture and market HD DVD players and recorders. After many unofficial announcements by different sources, the company has confirmed in a press release that the development of HD DVD has ended. Toshiba will be reducing the shipments of HD DVD players towards the cessation by the end of March 2008.
First reported by the Japanese public broadcaster NHK and after that by a source from Toshiba, Warner and couple of major retailers, such as Best Buy, Netflix and Wal-mart, dropping HD DVD was too much for the camp. Toshiba promises that it will still provide full product support and after-sales service for all owners of Toshiba HD DVD products.

Media and analysts have speculated the future of HD DVD frequently since Warner
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