Toshiba's Comment on Announcement from Warner Bros. Entertainment of Its Exclusive Support for Blu-ray Disc Format

Jan 04, 2008, 00:00 ET from Toshiba

    TOKYO, Jan. 4 /PRNewswire/ -- Toshiba is quite surprised by Warner
 Bros.' decision to abandon HD DVD in favor of Blu-ray, despite the fact
 that there are various contracts in place between our companies concerning
 the support of HD DVD. As central members of the DVD Forum, we have long
 maintained a close partnership with Warner Bros. We worked closely together
 to help standardize the first-generation DVD format as well as to define
 and shape HD DVD as its next-generation successor.
     We were particularly disappointed that this decision was made in spite
 of the significant momentum HD DVD has gained in the US market as well as
 other regions in 2007. HD DVD players and PCs have outsold Blu-ray in the
 US market in 2007.
     We will assess the potential impact of this announcement with the other
 HD DVD partner companies and evaluate potential next steps. We remain firm
 in our belief that HD DVD is the format best suited to the wants and needs
 of the consumer.
Press Contact Corporate Communications Office Keisuke Ohmori +81-3-3457-2105

SOURCE Toshiba