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Report Says HD DVD Still Doing Well
HD DVD players are going for $60, while some movies are retailing for just $10.
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09.30.2008 — The Financial Times is reporting that HD DVD is still doing well in the United States, according to Pocket-lint. (via Engadget HD)

The report says "aggressive" price cuts have made HD DVD an attractive option for some, adding that HD DVD players are going for $60 and movies for $10.

Ryan Kugler, president of Distribution Video & Audio, says the company has already sold one million HD DVDs that were returned to the studios by big retailers.

"Cheap entertainment always does well in a recession or depression," Kugler says.

Toshiba still hasn't announced plans to adopt Blu-ray, recently releasing its XD-E500 DVD player that upscales to 1080p and offers "a near HD experience."

Toshiba's profits fell 95 percent in Q1 2008 due to its departure from HD DVD in February.

Are you or your clients still using HD DVD? Leave us a comment.

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Steve Crowe, Web Editor
Steve is an editor for cepro.com. He graduated from Emerson College with a B.A. in Journalism. He joined the CE Pro staff in 2008. Steve is also a freelance sports writer for The Boston Globe and other various publications.
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