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Paramount’s HD DVD Decision Decried by Analysts

Posted by Dave Cowl on August 23, 2007 
Filed Under: Blu-ray, HD DVD, Studios



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.

Related posts:

  1. Paramount Jumps Over The Hedge To HD DVD Exclusivity
  2. Blu-ray Disc Leads First Three Quarters of 2007 Almost 2 to 1
  3. Paramount’s CTO, Alan Bell Talks with PC World About Dumping Blu-ray
  4. “Blue-Ray Tech.” Responds Strongly to Paramount/HD DVD Deal
  5. Home Theater Installer Group Prefers Blu-ray

Comments

2 Responses to “Paramount’s HD DVD Decision Decried by Analysts”

  1. HeiSt420 on August 23rd, 2007 6:10 pm

    haha that’s silly, and just makes the guy sound like a fan-boy… rediculous

  2. Ryan on August 24th, 2007 5:03 am

    true, lol.

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