View Single Post
Old 12-10-2007, 07:28 PM   #1
Raikun Raikun is offline
Member
 
Nov 2007
Default Pali Research: Blu wins in '08

I looked but didn't see a thread here (Sorry if there is one!)

But Rich Greenfield of Pali Research (Same person who also released Paramounts move to HD-DVD earlier this year, before the announcement was official) has said he expects Warner to go BD exclusive next year and end the format war.

Quote:
Pali Research's Rich Greenfield has good news for beleaguered Sony (SNE) boss Howard Stringer: His company's Blu-Ray format will win the next-gen DVD format war. The bad news for Hollywood: The existing DVD business is in permanent decline, and the next-gen format won't help anytime soon -- if ever.

Rich predicts (reg. required) that the costly format war between Sony and Toshiba/Microsoft (MSFT) will end in 2008, when Time Warner's (TWX) movie studios stop supporting the HD-DVD format, forcing NBC 's (GE) and Viacom's (VIAB) studios to fall in line. But Hollywood was counting on this format war getting resolved years ago so it could replace slowing conventional DVD sales.

Now, Rich says:

Even with a single next-gen format by mid-2008, we still believe consumer spending on DVD sales will be down about 3% in 2008 compared to 1% in 2007...With the DVD “halo” gone and digital distribution still in its infancy, studios need to make profitable movies; catalog will no longer save them (particularly, as we suspect most consumers will not be re-buying their existing catalog in next-gen DVD, soon-to-be-known, simply as Blu-ray.
Just thought I'd share what seems to be more good news. =)