CNBC Confirms Toshiba Conceding Defeat

[dmhpro]

http://www.cnbc.com/id/23196949

Sweet. Sorry if this a repost, but God am i happy right now.

[xtop]

interesting quote i hadn't seen before...

"Marketing was a weak point for Toshiba. We learned a lot from HD DVD. Strengthening marketing will continue to be an issue for us going forward," the source said.

[Marcusarilius]

Looks like somethings up.

[BigRick]

i posted this on the other thread thats going on i didnt want people saying why start a new thread when you can just post there

http://www.reuters.com/article/busin...43184420080216

[ezcobar411]

They sure spent a lot of money to learn how to market. They always could've asked Sony to show them how. Would've saved them a lot of money

[turboedguy]

Originally Posted by BigRick

i posted this on the other thread thats going on i didnt want people saying why start a new thread when you can just post there

http://www.reuters.com/article/busin...43184420080216

good man

[bignickdawg]

Viva la BLU

[Marcusarilius]

I'm going out to get that Celine Dejan BD concert!

[BTBuck1]

Marketing wasn't the problem, 30gb's and miniscule bandwidth was.
Blu-ray just had a better product....PERIOD.

[AlexCruz]

Marketing is a problem everywhere now. Nobody buys CDs. I never see any music videos on tv anymore. The radio rarely gets listened to because we're able to burn our own CDs. A lot of people are discovering that they can just go out and rent movies and rip them on their computers. Nobody likes going to the movie theaters anymore because of the annoying people that like to lurk around there 24/7 (mostly teenagers). I think the only affective way of advertising now is by word of mouth and hoping it goes far. Sad really.

[Blu Titan]

Great to see this confirmation. Thanks!

[Sylin]

"We have entered the final stage of planning to make our exit from the next generation DVD business," said the source, who asked not to be identified.

A couple of observations here:

1.) They've entered the "final stage" means they've been planning this exit for a bit now, probably since CES and the Warner announcement.

2.) It says they're making an "exit from the next generation DVD business." Does this mean Toshiba has NO PLANS to make a Blu-ray player?

[Blu-Beard]

Thanks for the info, that sounds very promising

[bluskiff]

I kinda feel sorry for Toshiba but then again they started this shit. I just hate seeing plants close and people loose hundreds of millions of dollars.

[-diVe-]

Originally Posted by bluskiff

I kinda feel sorry for Toshiba but then again they started this shit. I just hate seeing plants close and people loose hundreds of millions of dollars.

No mercy.

[miokti]

Of course marketing is the problem... how do you market a piece of crap?

[HeavyHitter]

Originally Posted by bluskiff

I kinda feel sorry for Toshiba but then again they started this shit. I just hate seeing plants close and people loose hundreds of millions of dollars.

The problem is Toshiba started this whole thing with MS's backing. HD DVD should have never launched. Period. I just hope someone at Toshiba is held accountable for their madness.

[canonbomb1987]

here is another article

http://biz.yahoo.com/ap/080217/japan_toshiba.html

[jw]

"planning" Its not official yet, lets hope they do it soon

[WickyWoo]

2.) It says they're making an "exit from the next generation DVD business." Does this mean Toshiba has NO PLANS to make a Blu-ray player?

This means they're shutting down the division

They'll come out with a combo player within 12 months guaranteed