Monday, August 20, 2007

Console Post of the Week (+1)

I've said consistently the last few months that while it appeared that Sony was losing the next-gen console war, and badly, they appeared to be winning the high-definition DVD format war. Blu-Ray discs have been outselling HD-DVD 2-1, and it was apparent that HD-DVD needed to do something to reverse the momentum.

Well, they did. Here's an excerpt from the press release (thanks Engadget):
Paramount Pictures, a unit of Viacom Inc., and DreamWorks Animation, each announced today that they will exclusively support the next-generation HD DVD format on a worldwide basis. The exclusive HD DVD commitment will include all movies distributed by Paramount Pictures, DreamWorks Pictures, Paramount Vantage, Nickelodeon Movies and MTV Films, as well as movies from DreamWorks Animation, which are distributed exclusively by Paramount Home Entertainment.

Ka-boom, so to speak. This announcement doesn't include movies directed by Steven Spielberg, but it includes Shrek, Transformers, The Godfather, Star Trek, and others.

Estimates on how much this cost are in the $150 million range (unconfirmed).

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