At a recent press conference, Sony's Chief Executive Officer, Howard Stringer, expressed confidence in the Blu-ray Disc format, stating that its greater capacity is winning over hollywood movie studios.
Sony Corp. Chief Executive Officer Howard Stringer said movie studios are starting to favor the company's Blu-ray DVD, which can store high-definition films and other media, because its capacity is higher than rival formats...
..``This capacity, which seemed too luxurious a year ago, suddenly seems absolutely necessary,'' said Stringer, 64. ``Studios that went with HD DVD assumed they would have enough bandwidth,'' he said. ``Now more studios realize they will need two-language versions and multichannel audio,'' on movie discs, favoring Blu-ray's bigger capacity, Stringer said today in Tokyo at a meeting with reporters.
Greater capacity or not, the price of Blu-ray players isn't winning over consumers. Of course, this will probably change with the introduction of the PS3. If you'd like to read more, the entire article can be found here.
