Blu-ray blow: Paramount, Dreamworks to go exclusively to HD-DVD

While Blu-ray could always boost their support by the major Hollywood studios, the HD-DVD camp gained a little more support as Paramount Pictures and Dreamworks Animation have decided to only release movies on the HD-DVD from now on. 

Before, Paramount had sold titles in both the new high-definition formats - HD DVD and Blu-Ray. Reason to move over to the HD-DVD camp exclusivly is based on their opinion that it offered better quality, lower-priced players and lower manufacturing costs. 

Currently, most of the major Hollywood studios are selling their movies on the Blu-ray format and and HD DVD sales have lagged. But some HD DVD supporters hope to make the format more popular to consumers based on cost. The lowest-priced, stand-alone HD DVD player sells for $US299, compared with $US499 for the lowest-cost Blu-Ray option.

Paramount's first releases under the exclusive HD DVD program include Blades of Glory on August 28, and the summer blockbusters Transformers and Shrek the Third, due for release later this (northern hemisphere) autumn.

What do you think? Is the reason that HD-DVD is cheaper and offers better quality the real reason? Can we expect more movie studios to make the switch?

Read more on the TheAge.au

Thanks to ivanzeta, onebyside, Bobverens, Kerry56, SciFer and RichMan for using our newssubmit to report this story.

Update: According to this website the HD-DVD camp payed a total of $150 million to have the movie studios release their movies on the HD-DVD format. Thanks Deckard70 for submitting.

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