Feeds

Shrek studio looks to Toshiba to untie HD DVD bond

DWA admits it was 'well compensated' to back format

High performance access to file storage

DreamWorks Animation CEO Jeffrey Katzenberg has confirmed the rumours: the company was "well-compensated" for its decision to offer movies only on HD DVD - a format it will continue to back, despite Toshiba's decision to abandon it.

Katzenberg, speaking to news agency Reuters, didn't reveal how much money his company had received to back HD DVD. In August 2007, just after the deal was announced, the New York Times alleged DreamWorks Animation and Paramount had together received $150m to encourage them to steer clear of Blu-ray Disc.

Toshiba declared earlier this month that it will end production of HD DVD players and recorders, and will stop shipping them by the end of March.

Not much point in releasing new material on HD DVD, you might think, but Katzenberg indicated DreamWorks Animation wasn't yet ready to cut its losses and go Blu.

"We have a partnership with Toshiba and have an obligation to see this through," he said. "We have been well-compensated for our support. It really is in [Toshiba's] court at this point to really declare what the next step will be."

Paramount was last week reported to have decided that it has to go back to Blu-ray, though the company has yet to formally announce such a move, and it's website continues to promote the studio's HD DVD offerings, as does DreamWorks Animation's site. However, Paramount Blu-ray Discs are now once again listed on Amazon.com.

Katzenberg's comments and Paramount's terse responses to re-offering Blu-ray content suggests the HD DVD exclusivity deal tied them down rather more tightly than many observers thought. Back in January, after Warner announced it would offer future titles only on Blu-ray, it was claimed that Paramount was now able to make the same move thanks to a clause in its contract with Toshiba.

The fact it didn't go Blu after Warner dropped its bombshell, or make a big statement after Toshiba's revelation, suggests it to is waiting on the consumer electronics company to formally free it from its obligations to HD DVD.

High performance access to file storage

More from The Register

next story
Video games make you NASTY AND VIOLENT
Especially if you are bad at them and keep losing
Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS
'Well, that 5c experiment didn't go so well – let's try the other direction'
Nvidia gamers hit trifecta with driver, optimizer, and mobile upgrades
Li'l Shield moves up to Android 4.4.2 KitKat, GameStream comes to notebooks
Gimme a high S5: Samsung Galaxy S5 puts substance over style
Biometrics and kid-friendly mode in back-to-basics blockbuster
Dell Wyse Cloud Connect: Pocket Android desktop
Ultrathin client with a lot of baggage. The upside? It's a rogue sysadmin's delight
AMD unveils Godzilla's graphics card – 'the world's fastest, period'
The Radeon R9 295X2: Water-cooled, 5,632 stream processors, 11.5TFLOPS
Sony battery recall as VAIO goes out with a bang, not a whimper
The perils of having Panasonic as a partner
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
NORKS' own smartmobe pegged as Chinese landfill Android
Fake kit in the hermit kingdom? That's just Kim Jong-un-believable!
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.