Toshiba comments on Paramount/DreamWorks HD DVD decision "Clearly significant"

23 August 2007 10:54 GMT / By Amy-Mae Elliott

Toshiba has released a statement to the press about Paramount and DreamWork's recent decision to go HD DVD only.

It says that Toshiba Corporation welcomes the announcement from Paramount Pictures and DreamWorks Animation SKG that they will exclusively support the HD DVD format on a worldwide basis.

"We welcome the announcement from Paramount and DreamWorks Animation SKG", said Yoshihide Fujii, corporate senior vice president and president and CEO of Toshiba's Digital Media Network Company.

"It is clearly significant that Paramount, which originally released titles in multiple HD formats, has now made the definitive selection of HD DVD as the sole format for its worldwide releases."

"DreamWorks Animation's decision to introduce high-definition releases, and to do so exclusively in the HD DVD format, is also an important milestone for HD DVD."

"I understand that these decisions reflect Paramount and DreamWorks Animation's understanding of the present value and future potential that HD DVD brings to home entertainment, including cost-effective manufacturability and advanced features."

The statement definitely does not say: "Thanks boys, the cheque's in the post".