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January 15, 2008

Toshiba HD DVD price cut a swan song?

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Posted by Marc Saltzman at 2:16 PM | E-mail this post

Toshiba_hd_dvdToshiba announced yesterday it was slashing prices of its HD DVD format players by up to 50 percent, effective immediately.

Tis is perceived by many as a strategic move to boost sales in the wake of news that the biggest Hollywood studio, Warner Bros., will be abandoning HD DVD for its high-def disc rival, Blu-ray, joining the likes of Sony, MGM, Fox, Disney and Lionsgate.

Still committed to the HD DVD format, however, is Universal and Paramount/DreamWorks, though the recent Consumer Electronics Show proved Blu-ray has a lot more hardware to support the high-definition discs than the couple of new HD DVD players from Toshiba.

"While price is one of the consideration elements for the early adopter, it is a deal-breaker for the mainstream consumer," said Toshiba executive Yoshi Uchiyama in a statement.

Toshiba's players will now start as low as US $149 going up to US $399 for the top-of-the-line player. Stay tuned to Sync for new Canadian pricing.

The company says it will also continue with its ongoing promotions, including giving away five HD DVD titles for free with any of its HD DVD player.

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