He didn't mention them by name, but movie companies that aren't embracing the Blu-ray Disc DVD format are being greedy and shortsighted, Disney CEO Robert Iger suggested Tuesday.
Iger said Blu-ray's eventual victory over rival platform HD DVD is a "no-brainer," given that the former is outselling the latter by 2-to-1.
That, though, didn't stop Viacom's Paramount and DreamWorks from dumping Blu-ray last month in favor of HD DVD.
"Those studios are largely taking easy money, and it will cost them in the future," Iger said Tuesday at the Goldman Sachs Communacopia conference in New York.
Earlier at the confab, News Corp.'s Rupert Murdoch said that Paramount essentially accepted money from Toshiba to go exclusively HD DVD. He even put a price on the payment: $150 million.
Rest here: http://biz.gamedaily.com/industry/feature/?id=17487
Iger said Blu-ray's eventual victory over rival platform HD DVD is a "no-brainer," given that the former is outselling the latter by 2-to-1.
That, though, didn't stop Viacom's Paramount and DreamWorks from dumping Blu-ray last month in favor of HD DVD.
"Those studios are largely taking easy money, and it will cost them in the future," Iger said Tuesday at the Goldman Sachs Communacopia conference in New York.
Earlier at the confab, News Corp.'s Rupert Murdoch said that Paramount essentially accepted money from Toshiba to go exclusively HD DVD. He even put a price on the payment: $150 million.
Rest here: http://biz.gamedaily.com/industry/feature/?id=17487