Paramount Poised to Move to Blu-ray?
Financial Times seems to think so. Without stating any sources Financial Times is reporting that Paramount is poised to drop its support of HD DVD after Warner Brothers’ recent backing of Sony’s Blu-ray technology.
While currently exclusive to HD DVD, apparently Paramount is "understood to have a clause in its contract with the HD DVD camp that would allow it to switch sides in the event of Warner Bros backing Blu-ray, according to people familiar with the situation".
"It is unclear whether DreamWorks Animation has the same get-out clause in its contract with the HD DVD camp. However, Paramount and DreamWorks have a close relationship, with Paramount distributing DreamWorks Animation films. The two companies also signed their HD DVD contracts at the same time".
While this really only seems to expose the possibility allowing Paramount and/or DreamWorks to defect, it certainly gives us something to watch closely moving forward.