Disney's Robert Iger Defends Blu-ray Disc
In a story from The Hollywood Reporter, it seems that Disney's Robert Iger feels that those studios not supporting Blu-ray Disc "are being greedy and shortsighted."
He called Blu-ray beating HD-DVD in the format war a "no-brainer," based on better sales for Blu-ray Disc over HD-DVD.
This all comes in the wake of Viacom's Paramount and DreamWorks... 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 stated Tuesday at the Goldman Sachs Communacopia conference in New York.
No less a mogul than "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."
As the "war" stands today "Disney and News Corp.'s 20th Century Fox, along with Sony and MGM, are exclusive to Blu-ray, while Universal is with HD-DVD only and Warner Bros. backs both formats."
Sources: The Hollywood Reporter
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