Paramount’s HD DVD Decision Decried by Analysts
We read today at the Internet Movie Database that the decision by Paramount/DreamWorks to release high-definition discs exclusively in the HD DVD format is likely to decrease its overall sales of high-definition discs significantly and delay the public’s decision to purchase players for either HD DVD or Blu-ray. Jim Bottoms, CEO of media research firm Understanding & Solutions, was quoted in Home Media Retail magazine as telling a research seminar in Beverly Hills Wednesday, “The weight of the industry is still very much behind Blu-ray … We do not believe overall (that the Paramount announcement is) going to change the outcome of the battle.” Its only effect, he said, is to prolong confusion over the format issue.
According to the IMDb article, Paramount will reportedly receive $150 million in promotional value and cash from the HD DVD camp in return for exclusivity.
Video Business has a more in depth article on the Bottoms statements.