Toshiba Defiant After HD DVD Setback

[JTK]

Fresh from the AP:

Toshiba Defiant After HD DVD Setback
Sunday January 6, 3:33 pm ET
Toshiba Defiant After Warner Decision to Drop HD DVD in Favor of Blu-Ray

LAS VEGAS (AP) -- Toshiba Corp. executives had a tough moment Sunday, when they had to face reporters just two days after its HD DVD movie disc format was dealt a potentially fatal blow by the defection of Warner Bros. Entertainment to a rival technology.

"It's difficult for me to read the comments of the pundits that HD is dead," said Jodi Sally, vice president of marketing for digital audio and video at Toshiba America Consumer Products. She was speaking at a news conference ahead of the International Consumer Electronics Show, which starts here Monday.

Sally indicated that Toshiba would continue its fight with a Sony Corp.-led group to dominate the market for a replacement to the DVD.

"We've been declared dead before," Sally said.

Only two major U.S. studios now support HD DVD, while five support Sony's Blu-ray disc. Warner is the last studio to put out movies in both formats, but will stop publishing HD DVDs in May.

Akio Ozaka, head of Toshiba America Consumer Products, said the company was surprised by Warner's announcement Friday.

"We were particularly disappointed that the decision was made in spite of the significant momentum HD DVD has gained," Ozaka said.

HD DVD players, practically all of which are made by Toshiba, had their best sales ever in the fourth quarter of last year, Ozaka said.

Sally said HD DVD players represented 49.3 percent of the players for high definition discs sold as of Dec. 22, quoting figures from market research firm NPD. However, the figures don't include sales of Sony Corp.'s PlayStation 3 game console, which plays Blu-ray discs. The format also has consistently beaten HD DVD in the number of discs sold.

While Toshiba sounded a defiant note, a media event scheduled for Sunday evening by the North American HD DVD Promotional Group, which includes Intel Corp. and Microsoft Corp., was canceled because of Warner's defection.

"We are currently discussing the potential impact of this announcement with the other HD DVD partner companies and evaluating next steps," the group said in a statement.

Warner said its decision to drop HD DVD was based on consumers' preference for Blu-ray.

The availability of two competing formats, and the confusion and uncertainty it's sowed among buyers, has been widely blamed for the slow adoption of high-definition players in general.

Warner Bros. Entertainment is owned by Time Warner Inc.

I guess this is madness just isn't going to end unless gets bribed off, bought off, or some nuke goes off.

Toshiba needs to be saved from themselves even.

Someone end the madness!

[GaS]

That response is defiant? Same weak responses since the bomb went off.

I do think somebody is going to have to end it for them (retailers).

[JAGUAR1977]

They said nothing about continuing the fight, that's added by the journalist.

They spent 5 minutes on HD-DVD and announced no new products or plans.

[undrafted]

Maybe they could be defiant enough to get the guts to take press questions or explain where Paramount & Universal are hiding at CES.

[cartman781]

Originally Posted by GaS

That response is defiant? Same weak responses since the bomb went off.

I do think somebody is going to have to end it for them (retailers).

By the sound of it retailers are already looking to put the final nail in the coffin

[monkyman]

They really can't say or do anything right now. It's only been 2 days since Warner's announcement. Toshiba will have to talk internally before making a decision, also Universal and Paramount have contracts which need discussion.

[I DO BLU]

http://www.youtube.com/watch?v=CMwdAc1Dzfg

[Intamin]

I like how they say they have a 49% share as if a good thing. So that means blu has a 51% share with out the ps3 congrats toshiba

[JTK]

Originally Posted by I DO BLU

http://www.youtube.com/watch?v=CMwdAc1Dzfg

"You spin me right 'round baby right round..."

Originally Posted by nyg

While Toshiba didn't come right out and state it, they're done and they know it.

My guess is Best Buy and Walmart will announce Blu-ray exclusivity shortly and that'll be the end of HD DVD. Paramount and Universal will be on board soon enough.

I suspect you're right. Get some other external forces to just follow the momentum and shut it all down.

Originally Posted by Intamin

I like how they say they have a 49% share as if a good thing. So that means blu has a 51% share with out the ps3 congrats toshiba

Facts are pesky things.

[w_tanoto]

Originally Posted by JAGUAR1977

They said nothing about continuing the fight, that's added by the journalist.

They spent 5 minutes on HD-DVD and announced no new products or plans.

they might have gen 4 player, but cancelled it because of warner's announcement. they decided to give up if this is true that they have prepared gen4 players