production according to reports coming out of Tokyo, Japan today. This should bring an end to the format war of the last several years if this indeed plays out. I've always preferred Blu-ray, which will obviously get a huge boost from this and the fact that Netflix is also going Blu-ray along with Time-Warner and Wal Mart, nobody wants the cost and hassle of stocking the present two HD formats along with regular DVDs. NHK broadcasting reports Toshiba will lose hundreds of millions of dollars on its investment in the format.
But will consumers during a possibly protracted world wide recession want to pay the extra cost for the enhanced video quality of Blu-ray? Could Blu-ray also eventually go the way of Laser Discs? Stay tuned and check out reuters.com for details.
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