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.
Corporate Communications Office