LOS ANGELES - Paramount Pictures and DreamWorks Animation SKG Inc. will offer next-generation DVDs in the HD DVD format and drop support for Blu-ray, further complicating the race between the competing technologies.
Monday's announcement affects the upcoming DVD release of the blockbuster "Shrek the Third" and all movies distributed by Paramount Pictures, DreamWorks Pictures, Paramount Vantage, Nickelodeon Movies and MTV Films, as well as movies from DreamWorks Animation, which are distributed exclusively by Paramount Home Entertainment.
Yay! A win for HD-DVD.
Now we have Universal and the Paramount Studios that are HD-DVD only. (Thanks Spielberg and Katzenberg.) Warner Bros. is still trying to do both.
It's all about the pricing.
If only Disney would switch sides. I bet they will after this Christmas.
(Apparently Paramount is getting $150M in marketing guarantees ... but I believe the Blu-Ray side has been doing the same for quite some time, so I don't see that as big news. Also there was an article in Variety about Michael Bay getting upset because he thought Blu-Ray was better and he wanted Transformers to come out on Blu-Ray ... but then he saw a demo of HD-DVD and learned that players would cost $200.00 and decided HD-DVD didn't suck after all.)