Saturday, February 16, 2008

Wal-Mart Picks Blu-Ray Over HD DVD


By MARCUS KABEL (AP Business Writer)

Wal-Mart Stores Inc. has picked Blu-ray over HD DVD in the market battle for the format of high-definition video.
The nation's largest retailer said Friday it has decided to sell only Blu-ray DVDs and hardware in its 4,000 U.S. stores and no longer carry rival HD DVD offerings.
The announcement comes five days after Netflix Inc. said it will stop carrying rentals in Toshiba Corp.'s HD DVD format and instead go exclusively with the rival Sony Corp. technology favored by five major movie studios.
Toshiba and Sony have been vying to set the standard for high-definition DVDs and players. The stakes are high because the winner will also get a boost in sales of DVD players needed to read the new format.

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