Report: Paramount Could Drop HD DVD Exclusivity Support
 

*Source: DailyTech (http://www.dailytech.com/Report+Para...cle10268.htm)*
_____________
When Paramount announced in August that it sided with HD DVD as the exclusive format for which it will release its high-definition films, most thought of it as a marriage that would prolong the optical format war.

Just prior to the opening of CES 2008, Warner revealed that it will slowly transition from being a format neutral company to supporting Blu-ray Disc exclusively starting this summer. Warner’s shift represents a staggering loss to HD DVD – one so severe that it has Paramount reconsidering its vows with HD DVD.

According to the Financial Times, Paramount is understood to have a clause in its agreement with HD DVD that allows the film company to back out of its exclusivity deal should Warner back Blu-ray Disc. Furthermore, the Times added that, with Warner officially on Blu-ray Disc, Paramount is poised to drop its support of HD DVD.

More...