Toshiba throws in towel on HD DVD
That didn’t take long, certainly less than the Betamax/VHS war. Toshiba is giving up on their HD DVD business, according to Reuters.
“We have entered the final stage of planning to make our exit from the next generation DVD business,” said the anonymous inside source at Toshiba. Japanese public broadcaster NHK had earlier reported Toshiba was closing up shop on the high-def format. The source said an official announcement would be made early this week.
Reuters called the Toshiba public relations office in Tokyo and nobody answered the phone. That’s not a good way to answer the public.
I do have to give props to the company for just ending it instead of prolonging things further.