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Industry: Email Alert RSS FeedQuestions of faith: the studios have only encouraged the hardware camps to get more committed to their technologies.(Paramount, Universal City Studios Inc. Universal Television Div., Warner Bros.)
Video Business, October, 2005 by Sweeting, Paul
With last week's announcement that Paramount will straddle the high-def fence, presumably to be followed in short order by Warner and Universal, the studios abandoned any pretense of influencing the future direction of their business. The resolution of the most important strategic question facing the DVD industry, Paramount all but admitted in its statement, will be determined by developments in the videogame business and other arenas beyond the control of Hollywood.
"We have been intrigued by the broad support of Blu-ray, especially the key advantage of including Blu-ray in PlayStation 3," Paramount Home Entertainment president Thomas Lesinski said. HD DVD supporters are equally intrigued by the endorsements of high-tech giants Intel and...
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