Warner, the studio wing of Time Warner (TWX) will throw its weight behind the Sony (SNE) Blu-ray high definition format. The new is a blow to the rival Toshiba HD-DVD initiative.
Speaking with the studio, the FT was told "The window of opportunity for high-definition DVD could be missed if format confusion continues to linger," said Barry Meyer, Warner's chairman. "We believe that exclusively distributing in Blu-ray will further the potential for mass market success and ultimately benefit retailers, producers, and most importantly, consumers."
Douglas A. McIntyre
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