For the third time now in just a matter of weeks, a leaked catalog ad is showing the Xbox 360 Elite set for a price cut to $299 USD.
The latest ad, from Target and posted by Engadget, also shows a price drop on the 60GB Pro model that should lead the model to its ultimate demise.
Expected price cut date is August 30th.
In other news however, retailers in the UK will be soon raising the price of the Arcade Xbox 360 to GBP 159.99 beginning on September 1st due to the weakening USD.
Result for: demise
AfterDawn readers will undoubtedly remember the Blu-ray versus HD DVD format war that ended last November with the demise of the HD DVD format.
Toshiba, the main backer of the format, supposedly lost $1 billion USD as a result of the “war.”
Today, the Japanese company announced they will be releasing their first Blu-ray player, the BD-18, by the end of the year. There were no other details about specifications or the aesthetics of the player.
Since the demise of HD DVD, Toshiba has never fully embraced their once-rival, but it appears that strong growth in the format has led Toshiba to finally move on.
Result for: demise
TotalMusic LLC, the company behind the college oriented Ruckus music service, appears to be dead. Last week the Ruckus website was replaced with a notice of the service’s demise. This was followed by a blog entry from one of the company’s executive that reads like a corporate obituary.
TotalMusic started out life in the summer of 2007 as a plan for the major record labels to offer a subscription music service directly to ISPs. It was seen by some in the music industry as both an answer to iTunes’ dominance over the online music market and a way to curb illegal file sharing.
The US Department of Justice saw it a little differently and in early 2008 decided an antitrust investigation was in order. This ended TotalMusic’s initial foray into online music but their comic misadventures were far from over.
Later in 2008.TotalMusic bought Ruckus, a company offering free, ad-supported, DRM limited music to college students. Ruckus had been around since 2004, but hadn’t managed to make a serious impact in the online music business.
