Sony CEO downplays HD format battle
Posted by XanTium | 10-11-2007 0:14 EST
Sir Howard Stringer said that Blu-ray is currently in a "stalemate" with HD DVD.
Speaking in Manhattan, Sony's CEO downplayed the importance of the battle, however, saying that it was mostly a matter of prestige whose format wins out in the end.
"We were trying to win on the merits, which we were doing for a while, until Paramount changed sides," Stringer said, in reference to the movie studio's recent decision to drop Blu-ray in support of HD DVD, for which it received USD 150 million from HD DVD proponents.
Full Story: gamesindustry.biz