CNBC reporting Paramount/Universal News

[dmhpro]

http://www.cnbc.com/id/23214167/for/cnbc/

Should Toshiba exit the business, companies supporting its HD DVD format _ including General Electric Co.'s Universal Pictures and Viacom Inc.'s Paramount Pictures _ would be released from their contracts, the Journal said, citing a person familiar.

[Blu-Dog]

Originally Posted by dmhpro

http://www.cnbc.com/id/23214167/for/cnbc/

Should Toshiba exit the business, companies supporting its HD DVD format _ including General Electric Co.'s Universal Pictures and Viacom Inc.'s Paramount Pictures _ would be released from their contracts, the Journal said, citing a person familiar.

That's going to happen within a day or two. Toshiba is not going to keep making "marketing" payments for a format they no longer make products for.

They're taking an unholy beating, financially, and that's one vein that's going to be cauterized right away.

Also, remember that one of their key gripes about losing was the "failure of marketing"....read between the lines.

[dmhpro]

Im happily married, but God I just want to hug people.

[Blu Titan]

Originally Posted by dmhpro

Im happily married, but God I just want to hug people.

It feels good to be on the winning side!

[radagast]

Originally Posted by BlueNeon

It feels good to be on the winning side!

Not only the winning side, but the right side.

[Blu Titan]

I am sure that Paramount and Universal are waiting for Toshiba to make its announcement, before making theirs.

[cartman781]

The Celebration continues

[Downhere]

Originally Posted by BlueNeon

I am sure that Paramount and Universal are waiting for Toshiba to make its announcement, before making theirs.

Most likely, I just hope they announce some big titles to look forward to on Blu as well.

[Alan Gordon]

Originally Posted by BlueNeon

I am sure that Paramount and Universal are waiting for Toshiba to make its announcement, before making theirs.

Bill Hunt implied it was possible Paramount and Universal could do it before Toshiba.

Originally Posted by Bill Hunt

All that's left now IS for Toshiba to make an official statement, followed (or perhaps preceded) by long-awaited announcements of Blu-ray Disc support from Universal and Paramount, which we now expect very soon

~Alan

[xwingsct]

Doesn't this bring back memory when Circuit City Divx went belly up?
I was so releive because I was a DVD early adopter back then. I bought it the first month it came out.

[I DO BLU]

Hey toshiba this is all you have to do.

[Big Daddy]

Originally Posted by dmhpro

http://www.cnbc.com/id/23214167/for/cnbc/

Should Toshiba exit the business, companies supporting its HD DVD format _ including General Electric Co.'s Universal Pictures and Viacom Inc.'s Paramount Pictures _ would be released from their contracts, the Journal said, citing a person familiar.

NBC is also owned by GE. Maybe they have insider information.

[PeteS]

Originally Posted by Big Daddy

NBC is also owned by GE. Maybe they have insider information.

And that sentence, "Should Toshiba exit the business, companies supporting its HD DVD format _ including General Electric Co.'s Universal Pictures and Viacom Inc.'s Paramount Pictures _ would be released from their contracts, the Journal said, citing a person familiar." appears edited to remove hints about who the source is.

These reports say Toshiba is in the final stages, inferring that this has required some lead-up. I'm sure Paramount and Universal have also been working on the change for a while. This is the week.

[Kristin Simard]

Where else but here can we say "all news is good news"?

[Hassoon]

all around

[jw]

Originally Posted by dmhpro

http://www.cnbc.com/id/23214167/for/cnbc/

Should Toshiba exit the business, companies supporting its HD DVD format _ including General Electric Co.'s Universal Pictures and Viacom Inc.'s Paramount Pictures _ would be released from their contracts, the Journal said, citing a person familiar.

ill be glad when this is official, i am tired of reading the speculation