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Warner: No Payoff for Move to Blu-ray
Posted by XanTium | 5-1-2008 0:56 EST
From bluray.highdefdigest.com: [QUOTE] Warner Home Entertainment President Kevin Tsujihara says the studio took no pay-offs to exclusively back Blu-ray.
In a post-announcement conference call, Tsujihara flatly denied rumors that studio had accepted anywhere from 250M to $500M in exchange for dropping its HD DVD format support. According to the exec, Warner's sole motivation in dropping its HD DVD format support was to ensure growth of the "category" and the long-term health of the industry. [/QUOTE]