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Toshiba announced Monday it has received endorsements from several major Hollywood studios of its next-generation high-definition DVD format.
Paramount Pictures, Universal Pictures, New Line Cinema, and Warner Bros. Studios have all committed to offer titles in the new HD DVD format, which is expected to hit the market in late 2005.
Paramount Pictures is based in Los Angeles and is a unit of Viacom Inc. (NYSE: VIA). Universal is based in Universal City and is an arm of Vivendi Universal S.A. (NYSE: V). Warner Bros. Studios is a unit of Warner Bros. Entertainment, a subsidary of Time Warner Inc. (NYSE: TWX). New Line Cinema is another division of Time Warner.
The Toshiba HD DVD is competing against a rival technology called Blu-ray disc, and it is unclear which format will eventually dominate the market.
Blu-ray disc is backed by the Sony Corp., which owns the Hollywood movie studio Sony Pictures, and is leading a consortium to buy Metro-Goldwyn-Mayer Inc. for $4.8 billion.
Blu-ray can store more digital programming than HD DVD, but proponents of HD DVD say it will be cheaper for manufacturers because it is uses technology that more closely resembles that used in current DVDs. HD DVD players will be compatible with current DVD technology, so that today's DVDs can be played on a HD DVD player.
Tokyo-based Toshiba plans to launch its first HD DVD products, a player and recorder, in the fourth quarter of 2005. The company also plans to release a notebook PC with a built-in HD DVD drive also by the end of 2005.
Toshiba announced Monday it has received endorsements from several major Hollywood studios of its next-generation high-definition DVD format.
Paramount Pictures, Universal Pictures, New Line Cinema, and Warner Bros. Studios have all committed to offer titles in the new HD DVD format, which is expected to hit the market in late 2005.
Paramount Pictures is based in Los Angeles and is a unit of Viacom Inc. (NYSE: VIA). Universal is based in Universal City and is an arm of Vivendi Universal S.A. (NYSE: V). Warner Bros. Studios is a unit of Warner Bros. Entertainment, a subsidary of Time Warner Inc. (NYSE: TWX). New Line Cinema is another division of Time Warner.
The Toshiba HD DVD is competing against a rival technology called Blu-ray disc, and it is unclear which format will eventually dominate the market.
Blu-ray disc is backed by the Sony Corp., which owns the Hollywood movie studio Sony Pictures, and is leading a consortium to buy Metro-Goldwyn-Mayer Inc. for $4.8 billion.
Blu-ray can store more digital programming than HD DVD, but proponents of HD DVD say it will be cheaper for manufacturers because it is uses technology that more closely resembles that used in current DVDs. HD DVD players will be compatible with current DVD technology, so that today's DVDs can be played on a HD DVD player.
Tokyo-based Toshiba plans to launch its first HD DVD products, a player and recorder, in the fourth quarter of 2005. The company also plans to release a notebook PC with a built-in HD DVD drive also by the end of 2005.