Target to sell only Blu-ray DVD Players
Posted on Fri, 27 Jul 2007 04:00:00 CDT | by Luigi Lugmayr
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NEW YORK (Reuters) - Target plans to carry only Blu-ray high definition DVD
players through the holiday shopping season, a move that boosts the Sony-backed
technology and may deal a blow to rival HD-DVD.
In a statement on Thursday, Sony Corp. said that Target will exclusively carry
Blu-ray players "at least through the holiday season" and will also expand its
inventory of Blu-ray discs.
The move begins in October with Target's sale and promotion of Sony's BDP-S300
unit, which sells for about $500.
It was the second major retailer in as many months to throw its weight behind
Blu-ray in the industrywide standards war reminiscent of VHS and Betamax.
Blockbuster, the largest U.S. provider of home movie entertainment, in June set
plans to line its shelves with Blu-ray DVDs, saying that Blu-ray rentals are
"significantly outpacing HD DVD rentals."
HD DVD is developed by Toshiba Corp. and backed by Microsoft Corp. and film
studios including Warner Bros. . It competes with Sony's Blu-ray which is built
into its PlayStation 3 game console, and supported by companies such as Samsung
Electronics Co. , Apple and Dell .
Earlier this month, the HD DVD camp said its stand-alone video players have
outsold rival Blu-ray players by a three-to-one margin in Europe's main markets
so far this year.
Mass market acceptance of high-definition video is still some way off, due in
part to the high price of the devices, and the fact that some movies and
programs are available on one platform and not the other.
(Reporting by Franklin Paul)
© Copyright 2007 Reuters.
Photo:
Sony S300 Blu-ray Player.
Posted on Fri, 27 Jul 2007 04:00:00 CDT | by Luigi Lugmayr
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