At a recent meeting, the American Independent Media Manufacturers Association (AIMMA) voted to support HD DVD the next-generation high definition DVD format of choice. Here's part of their press release:
The AIMMA meeting included presentations by speakers representing both HD DVD and Blu-ray Disc. Member discussion focused on the economics and efficiencies of transitioning to either format, including equipment costs and installation timing.

"Given that the HD DVD manufacturing process uses essentially the same equipment as existing DVD production, the format is far more compatible with the companies in our organization than the Blu-ray Disc format," said Ray Zerrusen, AIMMA president and president of member company OEM. "In a marketplace facing increasingly squeezed margins, HD DVD is the logical choice for our membership, providing a lower cost of entry and shorter ramp-up timing" he continued.
If you'd like to read more, AIMMA's entire press release can be found here.