In a rather surprising move, Toshiba Corporation, the architect of the HD-DVD format, has announced that it's conceding defeat to Sony Corporation, makers of Blu-Ray:
TOKYO (Reuters) - Toshiba Corp is planning to give up on its HD DVD format for high definition DVDs, conceding defeat to the competing Blu-Ray technology backed by Sony Corp, a company source said on Saturday.
The move will likely put an end to a battle that has gone on for several years between consortiums led by Toshiba and Sony vying to set the standard for the next-generation DVD and compatible video equipment.
The format war, often compared to the Betamax-VHS battle in the 1980s, has confused consumers unsure of which DVD or player to buy, slowing the development what is expected to be a multibillion dollar high definition DVD industry.