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NY Times: Paramount and Dreamworks getting $150M for HD-DVD exclusivity

Posted in Neothings by bill on the August 21st, 2007
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This story has been all over the net for the last few days, but in case you’ve been unplugged…
Paramount and Dreamworks have announced that they would release HD movies exclusively on HD-DVD, and drop support for BluRay disc. Just when you thought the HD format war was settling down, it is rocked by this announcement.
Now the NY Times is reporting that (as we should have guessed) there is big money behind this, and it’s not a purely organic decision. Not sure how much impact this will have on disc sales directly, but I do think this is a polarizing maneuver that will have to be countered by other studios.
Personally I have no favorites in this fight. It’s just entertaining to watch how much money is spent to seize control of the ‘free’ market.

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