Feeds

Shrek studio looks to Toshiba to untie HD DVD bond

DWA admits it was 'well compensated' to back format

Choosing a cloud hosting partner with confidence

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.

Intelligent flash storage arrays

More from The Register

next story
Hi-torque tank engines: EXTREME car hacking with The Register
Bentley found in a hedge gets WW2 lump insertion
What's MISSING on Amazon Fire Phone... and why it WON'T set the world alight
You fought hard and you saved and earned. But all of it's going to burn...
Trousers down for six of the best affordable Androids
Stylish Googlephones for not-so-deep pockets
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
prev story

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.