Paramount to drop HD-DVD?
Surprising news, although perhaps not that much considering the announcement from Warner Bros. of their swift move to Blu-ray, Paramount looks set to drop HD-DVD and announce their full support for Blu-ray.
If this does happen it's looking more and more likely that Blu-ray is going to become the outright high definition DVD format.
According to the Financial Times, and there's a seriously reliable source for you, Paramount are set to drop their HD-DVD support, something that was announced just last summer, all because they are believed to have a clause in their contract with the HD-DVD consortium that allows them to move to Blu-ray if Warner Bros. does.
It's not known if DreamWorks also has this clause in their contract. DreamWorks have a close relationship with Paramount who distributes their films, and they signed their deals at the same time.
If it does turn out to be true then this could be another huge blow for HD-DVD. The Warner Bros. move already means that Blu-ray carries around 70% of Hollywood output according to the report, and that's a huge amount.
We'll have to wait to see if this is actually happening, but already if it does, it's another serious strike for the HD-DVD group.