Netflix Opts for Blu-Ray
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The online movie rental company follows four major movie studios in selecting the Sony technology over one pushed by Toshiba.
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Update - Paramount has officially denied rumors that it will break its exclusivity with HD DVD and switch to Blu-ray.
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LOS ANGELES -- Blockbuster Inc. will rent high-definition DVDs only in the Blu-ray format in 1,450 stores when it expands its high-def offerings next month, dealing a major blow to the rival HD DVD format.
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Faced with increasing competition from rental giant Blockbuster, Netflix is taking the expected step of lowering the price of its 2-at-a-time DVD rental plan by $1. The move follows a similar price drop earlier this month by Blockbuster for it's 3-DVD plan.
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Blog: Blockbuster Inc. announced on Monday that it would rent only Blu-ray discs and not HD DVDs, in its 1,700 company-owned stores.
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NEW YORK/LOS ANGELES  - Time Warner Inc's   Warner Bros studio on Friday said it would exclusively release  high-definition DVDs in Sony Corp's  Blu-ray format,  dealing a big blow to Toshiba Corp's  rival HD DVD  technology.
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Warner Bros. Entertainment said Friday it will release movie discs only in the Blu-ray format, becoming the latest studio to reject the rival HD DVD technology and further complicating the high-definition landscape for consumers.
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Walt Disney Co. said on Wednesday it would support the Blu-ray standard for next-generation DVDs backed by Sony Corp., but kept open its options for a rival format championed by Toshiba Corp.
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LOS ANGELES/TOKYO  - Walt Disney Co. said on  Wednesday it would support the Blu-ray standard for  next-generation DVDs backed by Sony Corp., but kept open its  options for a rival format championed by Toshiba Corp.
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The Blu-ray win means consumers seeking sharper movies on high-definition DVDs no longer have to choose between rival incompatible formats and run the risk of being stuck with a 21st century equivalent of Betamax.
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Wal-Mart Stores Inc  on Friday  said it plans to exclusively back the Blu-ray high definition  movie format, the latest blow to the rival HD DVD camp backed  by Toshiba Corp (6502.T).
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Netflix Inc on Thursday previewed a new Web feature that the online DVD rental company hopes will keep subscribers loyal as it works toward its pledge to reach 4 million subscribers by the end of 2005.
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Online DVD rental company Netflix  Inc  on Tuesday said it is considering a broad range of  options as part of its strategy to allow subscribers to  download movies from the Internet.
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Netflix subscribers who have unlimited DVD rental plans will be able to stream as many movies and television shows as they want online for no additional charge. The step is seen as a response to Apple's expected launch of an online movie rental service.
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Online movie renter Netflix Inc. on Monday cut its rental subscription fee, a step aimed at mitigating competition that has fueled concern about its future growth prospects.
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Netflix strikes a deal to deliver flicks directly to your television.
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Online DVD renter Netflix Inc. (NFLX.O: Quote, Profile, Research) on Monday pledged to stick to a costly plan to double its subscriber base by next year despite a price