Official: HD DVD dead and buried, format war is over

It's official. Toshiba just made a statement saying, " it will no longer develop, manufacture and market HD DVD players and recorders." Cessation of the player and recorders are targeted for March 2008. Volume production of HD DVD disk drives for PCs and games will end in the same time frame. However, Atsutoshi Nishida, President and CEO of Toshiba Corporation did say that Toshiba will, "continue to assess the position of notebook PCs with integrated HD DVD drives." That's it folks, the format war is over, Blu-ray has won. Full press release after the break.
Update: Besides stating "no plans" to go Blu-ray during the Q&A, Toshiba committed to stockpiling HD DVD recording media for those who own HD DVD recorders. These will be sold on-line. As for future HD DVD software releases, Mr. Nishida could only say, "it was not our business, we cannot predict their business." Oh really? Is the lack of new titles on a dead platform really so hard to predict?
Update: Besides stating "no plans" to go Blu-ray during the Q&A, Toshiba committed to stockpiling HD DVD recording media for those who own HD DVD recorders. These will be sold on-line. As for future HD DVD software releases, Mr. Nishida could only say, "it was not our business, we cannot predict their business." Oh really? Is the lack of new titles on a dead platform really so hard to predict?
















