The announcement did not include Steven Spielberg films, which will not be exclusive to either format.
Paramount Pictures and DreamWorks Animation on Monday said they would distribute their high-definition movies exclusively in HD DVD, giving the Toshiba-based format a big boost against Sony-backed Blu-ray.
The commitment includes all movies distributed by Paramount Pictures, DreamWorks Pictures, Paramount Vantage, Nickelodeon Movies, MTV Films, and DreamWorks Animation, which distributes its films exclusively through Paramount Home Entertainment. Paramount Pictures is a unit of entertainment conglomerate Viacom.
The decision followed an evaluation that "confirmed the clear benefits of HD DVD, particularly its market-ready technology and lower manufacturing costs," the companies said in a joint statement. Paramount plans to launch its first HD DVD under the exclusive program Aug. 28 with the release of the comedy Blades of Glory, which will be followed by Transformers and Shrek the Third. The three films represent more than $1.5 billion in box office ticket sales worldwide.
The announcement did not include Steven Spielberg films, which will not be exclusive to either format. One of Hollywood's most commercially successful directors, Spielberg's films include Jaws, E.T., Raiders of the Lost Ark, Jurassic Park, and Schindler's List.
While the announcement gives a boost to HD DVD, the format still lags behind Blu-ray. Movie discs in the latter format outsold HD DVD films 2-to-1 in the United States in the first half of the year, the Reuters news agency reported. According to Home Media Research, sales of Blu-ray discs from Jan. 1 to July 1 totaled 1.6 million units, compared with 795,000 HD DVD discs.
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 9, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."