Toshiba to give up on HD DVD, end format war: source
A source at Toshiba confirmed an earlier report by public broadcaster NHK that it was getting ready to pull the plug.
"We have entered the final stage of planning to make our exit from the next generation DVD business," said the source, who asked not to be identified. He added that an official announcement could come as early as next week.
So I guess this is it!
Japanese press are also quoting sources saying, that the Toshiba plant in Aomori will be shut down as a result. Also Universal and Paramount, who have chosen to go HD-DVD exclusive, will make an official statement as well.
This war must really have been an expensive one for Toshiba!
My initial decision to go with Blu-ray was the right one to make, I guess.