Samsung backs away from universal-format disc players
Gizmodo reports that Samsung appears to be backpedaling on plans for a next-generation DVD player that can handle both Blu-Ray and HD-DVD discs. The move was brash for Samsung, a member of the Blu-Ray Disc Association, which is promoting the Blu-Ray format for high-definition videodiscs. Blu-Ray, favored by Sony, which is including it in its PlayStation 3 videogame console and is releasing movies in the format, is also supported by the Universal, Disney, and Fox studios. HD-DVD, meanwhile, has support from the tech industry, including Toshiba, Microsoft, NEC, and Intel. Warner Bros., Universal and Paramount are also officially HD-DVD backers, but they're releasing movies in both formats.

Samsung had been trying to stay above the fray by producing a player that reads both formats. But, if Gizmodo is correct in reading the tea leaves, Samsung's Blu-Ray buddies may be pressuring the electronics giant to stay true to the cause. Not that consumers hoping for a universal player should worry, says Gizmodo's Charlie White: "There’s still LG, which publicly announced it would manufacture a player that goes both ways, and those in the know are saying other companies are sniffing around the possibility, too."
Posted by Oliver Ryan 10:11 AM 0 Comments comment | Add a Comment

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.