Andre Yoskowitz
18 Feb 2008 16:18
Despite rampant speculation and rumor, it seems that Toshiba is not dropping HD DVD, or at least not for the time being.
The corporation has released a brief press release this morning in an effort to put a damper on the rumors that have been spreading since the giant retailer Wal-Mart decided to go Blu-ray exclusive beginning in June.
"The media reported that Toshiba will discontinue its HD DVD business. Toshiba has not made any announcement concerning this. Although Toshiba is currently assessing its business strategies, no decision has been made at this moment," read the complete statement.
This latest statement could simply be a way to stall before the decision to drop the failing format is officially made, but for now HD DVD fans still have some hope.