Wal-Mart To Dump HD DVD Movies, Players

by admin February 16, 2008 at 8:52 am

The announcement is the latest major blow dealt to the Toshiba-backed technology.

Wal-Mart Stores, the world’s largest retailer, said on Friday it would stop selling HD DVD movies and players in favor of products supporting rival Blu-ray, effectively leaving little chance the HD DVD high-definition format would survive in the long term.

Wal-Mart’s announcement was the latest major blow dealt to the Toshiba-backed HD DVD, which this month also lost the support of consumer electronics retailer Best Buy (NYSE: BBY) and online movie renter Netflix. Warner Bros. Home Entertainment Group, which accounts for 20% of DVD sales in the U.S., said last month it would ship all of its high-definition titles in Sony-backed Blu-ray by year’s end.

Full story: informationweek.com