Paramount Drops Blu-ray
- Posted August 21st, 2007 at 00:02 EDT by
- 17 Comments
Even though Blu-Ray has sold a higher amount of movies then its competitor HD-DVD, it seems that Paramount Pictures went ahead and followed up exclusively with HD-DVD. In a surprising effort, they have supposedly signed a 150 million dollar deal to specifically stop being exclusive with the Blu-Ray format.
By Paramount going ahead with this, all of Paramount's properties go through to HD-DVD although excluding works directed by Steven Spielberg. We definitely think that this move not only lengthens the format war, but forces consumers to choose a format purely based on corporation standards.
Keep your pointers on PSU for any more information regarding the format war.
- 7:05pm EDT - August 20th, 2007
I think after Paramount is done counting their 150 million, they will realize what a bad move they just made.
- 7:08pm EDT - August 20th, 2007
I do believe Parmount accepted some money here. That is not a good move for them. It will affect sales of blu-ray but i dont think it will do much harm to blu-ray.
- 7:12pm EDT - August 20th, 2007
I'm really disgusted with Paramount on this call. They are not supporting HD-DVD because they feel it is better or going to be a more successful format, they are supporting it because the got bought out. It hurts noone but the consumer by dragging out this war even longer--somebody has to get burned in the end. Shame on them.
- 7:24pm EDT - August 20th, 2007
screw paramount,they can have they're failure format..I just won't be buying any Paramount movies I guess.Besides these are the same people who cut ties with Tom cruise because he was jumping on a couch....If I had his money and was dating katie holmes I'd be jumping on stuff too
- 7:30pm EDT - August 20th, 2007
u know what i was gonna buy transformers on BD but because of this stupid move by them i'am not even gonna buy the DVD of it shame on you paramount and i'am p****d with M$ and thier deep pockets
- 7:54pm EDT - August 20th, 2007
This is terrible for the consumer. The market has been making it's will known and this is a desperate attempt by HD-DVD to try and keep the format breathing. This will confuse people and lead to slower adoption overall and if it DOES succeed in the end...we're stuck with an inferior format? Disks that scratch like DVD's do now and less storage space? Terrible move. Unfortunately the dollar speaks but this is really shocking nonetheless. I hadn't expected to see any major moves (Blockbuster was a HUGE surprise) until AT LEAST after the end of the year. Let's hope this has no effect (somehow) so this "war" can be decided by the consumer and ended either way as quickly as possible! BTW, any information on how long this deal is for? $150 million is not much money at all for Paramount and DreamWorks to split up. Through end of year? 1 year? 5 years? And what's up with Spielberg's titles not being included. Is he a BD fan?
- 8:13pm EDT - August 20th, 2007
M$ is really pissing me off latley. I hope they go bankrupt throwing all this money around. I would bet M$ has something to do with this, and Toshiba is not behind it. I wish I could run the Mac OS on my PC. I would dump crap soft in a minute........oh and I dont care much fo rLInux
- 8:27pm EDT - August 20th, 2007
Paramount you dumba****!! What were the people who run Paramount thinking!? So someone throws you 150 million dollars and you gladly abandon the format that's winning!? You idiots!!
- 9:23pm EDT - August 20th, 2007
this is a horrible business move....they sold more on blu ray but theyr going to hd dvd??that doesnt make sense at all!! Well,logically it doesnt but,financially,150 million dollars isnt somethin to cough at...but they could have made more money if they just stuck wit blu ray
- 9:59pm EDT - August 20th, 2007
Paramount, joins the list of M$ whores. I think Paramount just sealed their tomb on this one. Money may not buy happiness but it sure as sh*t buys everthing else.
- 10:06pm EDT - August 20th, 2007
all i want to do is see saving private ryan on blu-ray, is that tomuch to ask for?
- 10:59pm EDT - August 20th, 2007
Am I missing something? Blockbuster commits to BluRay only, BB is owned by Viacom, which is a Paramount Company. So... they are not going to rent next gen copies of their own movies to the public??? Now that's a great business model! Do they think we are stupid or blind?
@Daz .. don't despair a Mac Mini is only 500 bucks... you can do it!
- 12:17am EDT - August 21st, 2007
Paramount are MS whores just like Rockstar. Nearly 10million PS3 sold worlwide and still counting. When sony and other companies drop the prices of their blu-ray players who really going to feel F@#$KED. Paramount thats who. Transformers on blu-ray will obliterate the sales of HD-DVD just like what 300 did.
- 12:35am EDT - August 21st, 2007
The winner will be HD Download services. The telco's and most of the big media companies like NewsCorp will win in the end. Bluray really doesnt have much of a life span.
- 6:12am EDT - August 21st, 2007
psn id: gingo.... hmmm 150 mill i wonder who from? *cough* Microsoft *cough* but i will laugh when they get defeated in the end
- 2:16pm EDT - August 21st, 2007
i think blockbuster killed the war
I think alot of people would rather rent a Bluray movie then buy it
I think Paramount will change back, once other companies switch
- 6:48pm EDT - August 21st, 2007
What the [EDIT]?!? "...Paramount Pictures went ahead and followed up exclusively with HD-DVD."??? "...150 million dollar deal to specifically stop being exclusive with the Blu-Ray format." So Paramount signed the contract to stop being EXCLUSIVE with Blu-Ray and then they turn leaf and go exclusive for HD-DVD? Unless someone made a grave mistake in typing this article, it would seem Paramount would have never had to leave Blu-Ray, just multicast their movies. Stupid f***ers.
This will permanently ban this user and delete all associated comments. This action is irreversible, are you SURE you want to do this?!