Media, Entertainment and Gaming
ò US film studios Paramount Pictures Corp. and DreamWorks Animation SKG announced their decision to give their exclusive support behind the high-definition DVD format being promoted by a group of companies led by Toshiba Corp. Industry observers see the shift of Viacom Inc.'s Paramount to the HD DVD format as a major setback for Sony Corp., Matsushita Electrical Industrial Co. and others that have been pushing the Blu-ray disc technology. Observers note that the major Hollywood studio had previously released its titles in Blu-ray, a next-generation optical disc format, and HD DVD, which was developed by Toshiba, NEC Corp. and other companies. The report said both Paramount...
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