Paramount denies Blu-Ray defection
Ben Parfitt Today, 11:37am
Claims that contract clause allows withdrawal in the event of Warner dropping HD-DVD support
Following the recent news that Warner Bros is to drop its support of Toshiba’s HD-DVD hi-def movie format, fellow movie studio Paramount has denied that it is to do the same.
Bloomberg reports that US newspapers are claiming that Paramount has a clause in its HD-DVD exclusivity contract that allows it to withdraw if Warner drops its support of the format.
However, Paramount spokesperson Brenda Ciccone told the news agency that “Paramount’s current plan is to continue to support the HD-DVD format”. Toshiba added that the reports are nothing more than speculative.
Paramount denies Blu-Ray defection - www.mcvuk.com