Paramount HD DVD payoff mentioned in Viacom financials

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Paramount HD DVD payoff mentioned in Viacom financials

05-06-2008, 04:58 PM

Maximus

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Paramount HD DVD payoff mentioned in Viacom financials

Quote:

That was offset in part by a 22% bump in home entertainment revenue on one-time items including a $29 million payout from Toshiba for Par’s exclusive backing of the HD-DVD. The format lost the DVD war last year to Sony’s Blu-ray. Viacom said homevid revenue would have been down slightly if the payout wasn’t included due to lower catalog sales.

http://www.variety.com/article/VR111...goryid=13&cs=1

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