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Wal-mart goes Blu-ray Exclusive!
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02-16-2008, 12:59 AM
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ronaldasten
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Wal-mart goes Blu-ray Exclusive!
http://money.cnn.com/2008/02/15/tech...ion=2008021511
NEW YORK (CNNMoney.com) -- National discount retailer Wal-Mart announced Friday that it had decided to only sell Sony's Blu-ray hi-definition movie discs, and will phase out Toshiba's competing HD-DVD formatted discs over the next several months.
Wal-Mart said that by June, its 4,000 Wal-Mart and Sam's Club stores would sell only Blu-ray discs and Blu-ray hardware players. Blu-ray and Toshiba's HD-DVD format are not compatible.
"We've listened to our customers, who are showing a clear preference toward Blu-ray products and movies with their purchases," said Gary Severson, Wal-Mart's Senior Vice President of Home Entertainment in a statement.
Apple TV vs. Blu-ray: How do they stack up?
Wal-Mart said it would continue selling HD-DVD products, but over the next 30 days, customers will see a significant shift in emphasis to Blu-ray in both brick-and-mortar stores and online. The retailer said it will continue to sell DVDs and standard-definition hardware.
Wal-Mart is the latest movie vendor to choose Blu-ray over HD-DVD. Earlier this week, online movie rental company Netflix (
NFLX
) announced its support for Blu-ray, and said it would phase out HD-DVD as well. Video publishers Walt Disney (
DIS
,
Fortune 500
), Sony's Sony Pictures, News Corp.'s (
NWS
,
Fortune 500
) Twentieth Century Fox, and Metro-Goldwyn-Mayer have all endorsed Blu-ray.
In a rivalry that mirrors the Betamax-VHS dispute of the 1970s, Sony (
SNE
) and Toshiba have been battling each other to define the industry's hi-definition video standard. The winner will see a boost in the sale of hardware needed to play the hi-definition discs.
And that, ladies and gentlemen, is the end of
HD DVD
.
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