After rumours came in this morning that Paramount and Dreamworks were being offered $100m and $50m deals respectively to increase support for HD-DVD format, confirmation came from Viacom this afternoon that Paramount is dropping support for BD and Dreamworks will pledge exclusive support for HD-DVD.
This comes after earlier announcements that Paramount would begin to support BD further by including uncompressed audio tracks in all their multiplatform releases. Naturally, any plans to do so have been nixed, despite that sales have shown Paramount's BD releases outselling their HD-DVD counterparts over 2-to-1 in most cases.
This deal excludes any films directed by Steven Spielberg, who is known to support the BD format over HD-DVD and recently caused an uproar with Paramount when his films were listed as future HD-DVD releases. His first HD film release, Close Encounters of the Third Kind releases on Blu-ray Disc this fall.
Source: http://www.viacom.com/NEWS/NewsText.aspx?RID=1042073
This comes after earlier announcements that Paramount would begin to support BD further by including uncompressed audio tracks in all their multiplatform releases. Naturally, any plans to do so have been nixed, despite that sales have shown Paramount's BD releases outselling their HD-DVD counterparts over 2-to-1 in most cases.
This deal excludes any films directed by Steven Spielberg, who is known to support the BD format over HD-DVD and recently caused an uproar with Paramount when his films were listed as future HD-DVD releases. His first HD film release, Close Encounters of the Third Kind releases on Blu-ray Disc this fall.
Source: http://www.viacom.com/NEWS/NewsText.aspx?RID=1042073
Comment