Steven Towns

DVD Format Battle Development: Toshiba to License HD-DVD Technology to China (HPQ, MC, SNE, DELL, DIS, NWS, LGF, NIPNY, SANYY, MSFT, INTC)

Update: Warner Bros. is the second major studio to announce its support of both next -generation DVD formats. It made the announcement yesterday following Paramount Pictures' decision earlier this month to release films in both HD-DVD and Blu-ray disc format. That means NBC Universal is the only studio that will release films solely on HD-DVD format. Warner Bros. is said to have made the decision to support both formats because it doesn't see an end to the format war. (Source: AP) * Warner Bros. is owned by Time Warner Inc. (ticker: TWX), Paramount Pictures is owned by Viacom (ticker: VIA-B), and NBC Universal is owned by GE (ticker: GE).