Toshiba joins European DVD battle

Analysis

Toshiba has launched its new high-definition DVD player in Europe, marking the start of a battle for living room domination.

The electronics firm wants consumers to use their HD-E1 DVD system rather than the rival Blu-Ray format. Blu-Ray is being backed by electronics firms Sony, Samsung and Panasonic as well as a number of film studios. The tussle between HD-DVD and Blu-Ray is similar to the 1980s war between VHS and Betamax video, analysts said. Toshiba has forecast 500,000 worldwide sales of its HD-DVD player by March 2007. Its system will retail for about £450 (€671), roughly half the price of Blu-Ray. A more feature-laden HD DVD player from Toshiba - the HD-XE1 - is planned to launch from late January 2007 for around £649 (€968). Despite differences, both of the new DVD formats offer greater storage capacity than traditional players to cope with the increased size of encoded images needed for high-definition televisions. And both players have an internet connection, which adds further possibilities of downloadable extras and film teasers. HD-DVD discs contain up to 30 gigabytes (GB) of data, compared with 50 GB for Blu-Ray. Disney and 20th Century Fox are backing Blu-Ray, while Universal is supporting HD-DVD. Warner Bros and Viacom have said they will support both. With no agreement between studios, both formats may continue to exist side-by-side for a while, analysts said, adding that many consumers may put off buying a system until a clear winner emerges. (BBC NEWS)

ADVERTISEMENT

Hungarian Population Continues to Age, Census Data Show Figures

Hungarian Population Continues to Age, Census Data Show

Gov't Extends Deposit Rate Cap Till Year-end Government

Gov't Extends Deposit Rate Cap Till Year-end

Media Markt Sanctioned for False Advertising Retail

Media Markt Sanctioned for False Advertising

'Creating CEElicon' Valley in Focus of HVCA Investment Confe... Conferences

'Creating CEElicon' Valley in Focus of HVCA Investment Confe...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.