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Universal Will Not Renew HD DVD Pact
This latest bout of bad news for HD DVD follows Warner's announced decision to start releasing on exclusively on Blu-ray in May, a change from its previous dual-format stance.
In addition, says the Variety report, Paramount has an "escape clause" that would release it from its own 18-month exclusivity agreement with HD DVD.
However, both studios have so far stopped short of a formal declaration that they would abandon HD DVD. A Universal executive called suggestions that it would abandon HD DVD unsubstantiated rumors. Paramount, during this week's just-concluded Consumer Electronics Show in Las Vegas, issued a similar statement rebutting a Financial Times story.
At CES, the HD DVD Promotional Group canceled its press event--not exactly a healthy sign. Toshiba's press event included neither a fourth generation of HD DVD hardware or a straightforward concession speech. For the time being, HD DVD's future is still up in the air.
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