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Old 02-19-2008, 07:57 AM   #1
BRisJesus BRisJesus is offline
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Jun 2007
Default Press release - "Toshiba Announces Discontinuation of HD DVD Businesses"

Engadget brings us the press conference live blogging style. Watch the train wreck and death in slow motion.

http://www.engadget.com/2008/02/19/l...ence-in-tokyo/
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Old 02-19-2008, 08:00 AM   #2
CheapChildren CheapChildren is offline
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Default Toshiba Officially Calls it Quits!

Read it Here, here and here.



"TOKYO--Toshiba Corporation today announced that it has undertaken a thorough review of its overall strategy for HD DVD and has decided it will no longer develop, manufacture and market HD DVD players and recorders. This decision has been made following recent major changes in the market. Toshiba will continue, however, to provide full product support and after-sales service for all owners of Toshiba HD DVD products.

HD DVD was developed to offer consumers access at an affordable price to high-quality, high definition content and prepare them for the digital convergence of tomorrow where the fusion of consumer electronics and IT will continue to progress.

"We carefully assessed the long-term impact of continuing the so-called 'next-generation format war' and concluded that a swift decision will best help the market develop," said Atsutoshi Nishida, President and CEO of Toshiba Corporation. "While we are disappointed for the company and more importantly, for the consumer, the real mass market opportunity for high definition content remains untapped and Toshiba is both able and determined to use our talent, technology and intellectual property to make digital convergence a reality."

Toshiba will continue to lead innovation, in a wide range of technologies that will drive mass market access to high definition content. These include high capacity NAND flash memory, small form factor hard disk drives, next generation CPUs, visual processing, and wireless and encryption technologies. The company expects to make forthcoming announcements around strategic progress in these convergence technologies.

Toshiba will begin to reduce shipments of HD DVD players and recorders to retail channels, aiming for cessation of these businesses by the end of March 2008. Toshiba also plans to end volume production of HD DVD disk drives for such applications as PCs and games in the same timeframe, yet will continue to make efforts to meet customer requirements. The company will continue to assess the position of notebook PCs with integrated HD DVD drives within the overall PC business relative to future market demand.

This decision will not impact on Toshiba's commitment to standard DVD, and the company will continue to market conventional DVD players and recorders. Toshiba intends to continue to contribute to the development of the DVD industry, as a member of the DVD Forum, an international organization with some 200 member companies, committed to the discussion and defining of optimum optical disc formats for the consumer and the related industries.

Toshiba also intends to maintain collaborative relations with the companies who joined with Toshiba in working to build up the HD DVD market, including Universal Studios, Paramount Pictures, and DreamWorks Animation and major Japanese and European content providers on the entertainment side, as well as leaders in the IT industry, including Microsoft, Intel, and HP. Toshiba will study possible collaboration with these companies for future business opportunities, utilizing the many assets generated through the development of HD DVD."

Last edited by CheapChildren; 02-19-2008 at 08:16 AM.
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Old 02-19-2008, 08:00 AM   #3
bassbone57 bassbone57 is offline
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Hell Yeah!!!!

-K
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Old 02-19-2008, 08:01 AM   #4
STI Jaguar STI Jaguar is offline
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You Beat everybody to the Punch!!! Damn YOU!!!
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Old 02-19-2008, 08:02 AM   #5
Shin-Ra Shin-Ra is offline
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Woohoo!

Congrats to all Blu-ray supporters!
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Old 02-19-2008, 08:03 AM   #6
JohnGalt JohnGalt is offline
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Just heard it on Fox radio ... that took all of 2 minutes to hit the airwaves.
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Old 02-19-2008, 08:03 AM   #7
TigerShark TigerShark is offline
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.................................................. .................................................. .................................................. ...
Sony PlayStation 3 - PSN ID SapphireShark
Microsoft X-Box 360 - Live ID SapphireShark
Nintendo Wii
160+ Blu-ray

Beyond High Definition

Last edited by TigerShark; 02-19-2008 at 08:49 AM.
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Old 02-19-2008, 08:03 AM   #8
Septimus Prime Septimus Prime is offline
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Wow. And it's only 12:03!
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Old 02-19-2008, 08:03 AM   #9
Marcusarilius Marcusarilius is offline
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Aug 2007
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War is over. John Lennon.
JVC 1080p 70" TV, Onkyo 805 Receiver, Panny BD30 Blu-ray Player, Infinity Tower Speakers & Center Channel, Boston Acoustic Tower Surrounds, Definitive Audio "Reference Series" SuperCube 1800 Watt Subwoofer.

Hobbies: Theoretical Quantum Physics/Mechanics, String Theory Supportive Evidence, Particle Accelerator Dark Matter/Dark Energy Gravity Wave Confinements in linear Space/Time displacement fields, Sub-Atomic Particle Annihilation and Micro-Black Hole hyper gravity analysis.
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Old 02-19-2008, 08:03 AM   #10
turboedguy turboedguy is offline
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Old 02-19-2008, 08:04 AM   #11
katharsis katharsis is offline
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YES!!! Awesome and about damn time!!!

So how we gonna celebrate now?
Life is just a form of animated death.
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Old 02-19-2008, 08:04 AM   #12
BluWave BluWave is offline
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Default Its over

Down goes Frazier! Down goes Frazier!
Member of the Blu-wings!
BD's: 84 and counting! 6 on order
01-04-08 Down goes Frazier, 02-19-08 Frazier dies!!
Familyroom: Livingroom
Elite PRO530HDI Elite PRO1000HDI
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Samsung BDP1500 & MX980 remote
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Old 02-19-2008, 08:04 AM   #13
Jeff® Jeff® is offline
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Default Toshiba Announces Discontinuation of HD DVD Businesses (official press release)

Toshiba Announces Discontinuation of HD DVD Businesses

19 February, 2008

Company Remains Focused on Championing Consumer Access to High Definition Content

TOKYO--Toshiba Corporation today announced that it has undertaken a thorough review of its overall strategy for HD DVD and has decided it will no longer develop, manufacture and market HD DVD players and recorders. This decision has been made following recent major changes in the market. Toshiba will continue, however, to provide full product support and after-sales service for all owners of Toshiba HD DVD products.

HD DVD was developed to offer consumers access at an affordable price to high-quality, high definition content and prepare them for the digital convergence of tomorrow where the fusion of consumer electronics and IT will continue to progress.

"We carefully assessed the long-term impact of continuing the so-called 'next-generation format war' and concluded that a swift decision will best help the market develop," said Atsutoshi Nishida, President and CEO of Toshiba Corporation. "While we are disappointed for the company and more importantly, for the consumer, the real mass market opportunity for high definition content remains untapped and Toshiba is both able and determined to use our talent, technology and intellectual property to make digital convergence a reality."

Toshiba will continue to lead innovation, in a wide range of technologies that will drive mass market access to high definition content. These include high capacity NAND flash memory, small form factor hard disk drives, next generation CPUs, visual processing, and wireless and encryption technologies. The company expects to make forthcoming announcements around strategic progress in these convergence technologies.

Toshiba will begin to reduce shipments of HD DVD players and recorders to retail channels, aiming for cessation of these businesses by the end of March 2008. Toshiba also plans to end volume production of HD DVD disk drives for such applications as PCs and games in the same timeframe, yet will continue to make efforts to meet customer requirements. The company will continue to assess the position of notebook PCs with integrated HD DVD drives within the overall PC business relative to future market demand.

This decision will not impact on Toshiba's commitment to standard DVD, and the company will continue to market conventional DVD players and recorders. Toshiba intends to continue to contribute to the development of the DVD industry, as a member of the DVD Forum, an international organization with some 200 member companies, committed to the discussion and defining of optimum optical disc formats for the consumer and the related industries.

Toshiba also intends to maintain collaborative relations with the companies who joined with Toshiba in working to build up the HD DVD market, including Universal Studios, Paramount Pictures, and DreamWorks Animation and major Japanese and European content providers on the entertainment side, as well as leaders in the IT industry, including Microsoft, Intel, and HP. Toshiba will study possible collaboration with these companies for future business opportunities, utilizing the many assets generated through the development of HD DVD.

http://www.toshiba.co.jp/about/press/2008_02/pr1903.htm
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Old 02-19-2008, 08:04 AM   #14
BluBane BluBane is offline
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:

“Victory is sweetest when you've known defeat.”

Malcolm S. Forbes

Last edited by BluBane; 02-19-2008 at 08:17 AM.
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Old 02-19-2008, 08:04 AM   #15
turboedguy turboedguy is offline
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HEY HD DVD,

BEAT IT!!!!


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Old 02-19-2008, 08:05 AM   #16
CheapChildren CheapChildren is offline
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It surprised me how quick that was! I'd been thinking it would be delayed at least ten minutes.
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Old 02-19-2008, 08:05 AM   #17
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Old 02-19-2008, 08:05 AM   #18
miokti miokti is offline
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sweet
PS3 60G
BD Movies - 74
PS3 Games - 3
People Converted to Blu: 3
this is my signature, it's blu
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Old 02-19-2008, 08:05 AM   #19
kolasi kolasi is offline
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ah no more red. sweetttt.
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Old 02-19-2008, 08:05 AM   #20
dinoslino dinoslino is offline
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So long HD-DVD. It was nice not knowing you at all.
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