Boy am I glad I didn’t buy that HD DVD player for my Xbox 360… :)
Toshiba has abandoned HD DVD “following recent major changes in the market”, it announced this morning. The company spun the failure of its favourite format as a move made to strengthen the industry.
The consumer electronics giant said it will “no longer develop, manufacture and market HD DVD players and recorders”.
It will begin to reduce shipments of HD DVD players to retail channels, aiming to stop shipping product by the end of March.