SlashGear Japan
Earlier today we brought you the news that Paramount and DreamWorks had both decided to back only the HD DVD format. According to a piece in the New York Times the decision comes down to a simple fact of money.
According to two unnamed execs at Viacom (which owns Paramount) the two companies will together receive around $150 million for their loyalty to the format. What is interesting is that Microsoft, who most prominently supports HD DVD has stated that they have not paid either company, but wouldn’t rule out the use of that tactic in the future.
Other interesting details have emerged, like the fact that no Steven Spielberg movies will be exclusive to HD DVD, and also the deal will only last 18 months. Is this a last-ditch effort for HD DVD, or is the war far from over?
Two Studios to Support HD DVD Over Rival [via NYT]
3 Responses to “Paramount and Dreamworks paid $150 million for HD DVD support”
Kim August 21, 2007
Where did YNT pull out that 18 months deal from? There was no mentioning of time frame by Pa/DW.
NeutralDenis Bergeron August 21, 2007
Oh well, insteed of downloading it, I will have to wait 18 mouths….
NeutralWait 18 mouths is long… I will download them and burn it on a BD disk. Anyway, BD burner (and reader) are way cheaper than HD-DVD one.
owen August 21, 2007
thats the stupidist thing i’ve ever hear a movie studio that made over a billion dollars from hits this year is taking a 150 million dollar bribe to stop selling blu-ray thats like bill gates in a super market being the wealthies man and doesn’t want to spend a dollar exrta for a different type of milk sounds like sony doesn’t like the news and is spreading lie’s considering that the artical came from a sony owned megazine go figure
Neutral