A new article by the GlobeandMail is saying that Sony paid Warner Bros. in excess of $400 million USD to drop HD DVD and move exclusively to Blu-ray.
Warner’s decision, a week before this year’s CES started a downhill trend for HD DVD until finally the format died this week, with Toshiba confirming they will be dropping production of HD DVD players.
If the article proves to be true, then Sony may have paid a hefty price to win the format war, but being the proprietor of the format, the company could stand to make billions in the next decade; that is however if Blu-ray and physical media are even the medium of choice in the next few years.
Result for: new article
While speaking in Des Moines, IA on Monday, Pandora internet radio founder Tim Westergren indicated that he believes webcasters and record label representatives are close to a deal on royalties for internet radio. The comments came at a gathering of Pandora listeners, which you can read more about in a new article here at Afterdawn.
Mr. Westergren took a few minutes to sit down with me and discuss the current state of Pandora and even speculate a little about the future. We also talked about devices that make it possible to listen to Pandora when you’re not sitting in front of the computer, including mobile phones and appliances that connect to both your home network and home stereo.
For more details about our conversation you can read the entire article on our Guides and Articles page.
