[lbo-talk] Reuters: Toshiba inside source says HD DVD will end; victory ceded to Blu Ray

[B.]

[And in a sorta, kinda related topic, if you get your
TV signal off the air via rabbit ears, etc., the US
govt. site to apply for the up-converter digital
signal box is here: https://www.dtv2009.gov  -B.]

http://news.yahoo.com/s/nm/20080216/bs_nm/toshiba_hd_dvd_exit_dc

Toshiba to give up on HD DVD, end format war: source

1 hour, 56 minutes ago

TOKYO (Reuters) - Toshiba Corp (6502.T) is planning to
give up on its HD DVD format for high-definition
video, conceding defeat to the competing Blu-Ray
technology backed by Sony Corp (6758.T), a company
source said on Saturday.

Japanese public broadcaster NHK had earlier reported
that Toshiba would suffer losses in the tens of
billions of yen (hundreds of millions of dollars) as
it scrapped production of HD DVD players and recorders
and took other steps to exit the business.

The company source told Reuters that Toshiba was in
the final stages of planning to exit the HD DVD
business and that an official decision would be made
soon.

(Reporting by Mayumi Negishi, Kentaro Hamada and
Nathan Layne, editing by Mike Peacock)