Paramount Denies Blu-ray Switch

It's been all over the internet today that Paramount has done a 180 and decided to drop the HD-DVD format in favor of Blu-ray. If this were true, Universal pictures would be the lone holdout studio keeping HD-DVD afloat. Paramount is officially denying this. "Paramount's current plan is to continue to support the HD DVD format,'' Brenda Ciccone, a spokeswoman for Paramount, said in an e-mail today. This all started when Financial Times reported that Paramount was 'poised to drop HD-DVD.' They are stating Paramount can defect because a clause in its contract with the HD-DVD forum allows the studio to switch to Blu-ray if Warner Bros dropped its support of HD-DVD and are citing unnamed 'inside sources.'

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