There was an official announcement today that put the final nail in HD’s coffin. Although HD was the more affordable option, a reported $229-329 versus the $1000 Blue Ray (or the $600 PS3) it finally admitted defeat.
Toshiba even had a limited offer to have players available for $100 at Walmart.
Friday Walmart changed the deal and switched entirely to Blue Ray. In addition, Best Buy and Netflicks recently announced their switch to Blue Ray after months of stocking both.
Toshiba stands to lose millions when they leave the DVD market.
Another blogger has speculated about the possible outcomes for Toshiba. -And no word yet why Toshiba’s presence in the market can’t save them.
-At least I got to see the Bourne Supremacy in HD.
This sucks…. The industry failed the consumers who were confused by the debate. The consumers who are the industry’s best customers were the ones who made a choice and invested in one technology or the other. Standards don’t seem to work for DVD technology (or the historic betamax debate). Seems odd since HD TV change from analog to digitial is much more managed.
I believed the price difference would sway the market. I didn’t realize the special mark downs like the limited $100 DVD players from Walmart was a sign that Toshiba was losing.
Some people don’t think it is a total loss. There are a reported 500 HD titles still on the market that will probably get a major price cut in the future. It is possible to fill up quite collection if the screwed consumers are looking to make the best of a bad situation.