Good news for Blu-ray fans. Best Buy announced today that they will be recommending Blu-ray as the preferred high-def format. To show its support, the electronics retailer will also be showcasing Blu-ray products on its website and in its retail stores.
Best Buy Co., Inc. (NYSE: BBY) is taking a step forward in addressing consumer confusion about high-definition formats. Beginning in early March, the leading consumer electronics retailer will prominently showcase Blu-ray hardware and software products in its Best Buy retail and online channels in the United States.

“Consumers have told us that they want us to help lead the way. We’ve listened to our customers, and we are responding. Best Buy will recommend Blu-ray as the preferred format,” said Brian Dunn, Best Buy’s president and chief operating officer. “Our decision to shine a spotlight on Blu-ray Disc players and other Blu-ray products is a strong signal to our customers that we believe Blu-ray is the right format choice for them.”

Dunn continued, “Best Buy has always believed that the customer will benefit from a widely-accepted single format that would offer advantages such as product compatibility and expanded content choices. Because we believe that Blu-ray is fast emerging as that single format, we have decided to focus on Blu-ray products.”
Things definitely aren't looking good for HD DVD. Without big retailers like Best Buy behind them, its going to be very hard for the format to regain its market share. If you'd like to read more, Best Buy's entire press release can be found here.