“Blue-Ray Tech.” Responds Strongly to Paramount/HD DVD Deal
Independent Blu-ray factory Blue-Ray Technologies spoke out strongly about the reported $150 million in incentives Toshiba and the HD DVD cadre gave to Paramount and DreamWorks Animation to shun Blu-ray discs according to cdrinfo.com. Erick Hansen of BRT calls it an act of desperation by HD DVD, which is in grave danger of losing the Hi-def format wars, as indicated by retailer and consumer preference.
Perhaps of more interest is the New York Times article that they reference that states that Paramount and DreamWorks Animation together will receive about $150 million in financial incentives for their commitment to HD DVD, according to two Viacom executives with knowledge of the deal but who asked not to be identified.
So while Kevin Collins may not have cut the check, it is not just bloggers like Bill Hunt reporting that financial incentives to the tune of $150 million were made.