This means that HD-DVD and Blu-Ray discs will have much larger storage capacities then the current DVD format. MGM's support for Blu-Ray is not really a surprise as the studio was bought in April by an investor group that includes Sony, Comcast, Providence Equity Partners and Texas Pacific Group. The studio plans to release movies and TV shows from its library of over 4,000 films whenever Blu-Ray hardware becomes available in Europe, North America and Japan.
"MGM's library coming to Blu-ray is certainly a nice feature in the Blu-ray's camp," said Gerry Kaufhold, analyst with In-stat. The format war has been very eventful so far, especially recently when Warner Bros. and Paramount decided to release movies in both formats, whilst actually backing the Blu-Ray format. Also Intel and Microsoft backed the HD-DVD format and demanded that the Blu-Ray camp implement more "consumer friendly" features that were already included in the HD-DVD format.
Source:
Reuters
Written by: James Delahunty @ 10 Nov 2005 12:13