Sales of HD DVD Players Plunge After Warner Move
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What was a 50-50 market split in 2007 for the high-definition players shifted sharply in Blu-rayâs favor in the new year.
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Toshiba cut its sales target for HD DVD players by 44 percent, due to on slower-than-expected sales in the U.S.
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The retailer's same-store sales plummet.
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Fears of a deteriorating U.S. economy  and falling DVD industry sales helped drive Warner Bros's  decision to back Sony's Blu-ray next generation DVD format  exclusively, a top executive told Reuters on Monday.
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Warner Brothers, the only studio to back both high-definition video disk formats, now will only publish movies in Blu-ray. Some say this shift will quickly kill the competing HD DVD format.
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Digital gains help soften the weakness at Warner Music Group.
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Recordable DVD players don't sell well in the U.S.; cable companies are to blame, according to Hitachi executive.
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No We surrender Toshiba has abandoned HD DVD "following recent major changes in the market", it announced this morning. The company spun the failure of its favourite format as a move made to strengthen the industry.â¦
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Blu-ray takes the lead in the battle of the high-definition DVD formats after Warner backs it.
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In a sign the high-definition format war is far from over, Toshiba on Monday dropped the suggested retail price of its entry-level HD DVD player to under $150. That puts the HD-A3 $250 cheaper than Sony's PlayStation 3.
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Ditches HD-DVD camp Warner Bros is abandoning HD-DVD to settle down in monogamous bliss with Sony's Blu-ray. The company today cited "consumer demand" for its decision to stop selling HD-DVD-format movie titles at the end of May. It is the only movie major to sell high-definition DVDs in both formats, but has already tired of playing the field.â¦
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The consumer electronics industry is abuzz ahead of this year's CES show with Friday's news that Warner Bros is dropping HD DVD in favor of Blu-ray Disc.
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U.S. DVD unit sales fell 4.5  percent in 2007, marking the first big year-over-year decline  for the category since the disc format debuted in 1997,  according to preliminary estimates released on Thursday.
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The two movie disc formats that are competing to replace the DVD have had a rocky start, with clunky first-generation players and an audience that's been reluctant to buy them for fear of betting on the losing side.
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Consumers bought just 1,758 HD DVD players the week of January 12, down from 14,558 players the week before. In contrast, consumers bought 21,770 Blu-ray Disc machines, up from 15,257 the previous week.
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Retail chain Woolworths has pulled HD DVD from its stores and will focus exclusively on selling Blu-ray Disc DVD players, citing an enormous drop in comparative sales over the Christmas season.
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The retailer's same-store sales decline.