August 24, 2005

Toshiba Quits DVD Talks with Sony

It's a official, we're going to have another useless video format war like Beta vs. VHS.

Japanese electronic maker Toshiba has given up on negotiations with a rival camp led by Sony Corp (NYSE:SNE - news). to agree on a unified format for next-generation DVDs, a media report said late Tuesday. Toshiba Corp. leads a group of companies that support the HD DVD format and has been in talks with a Sony-led bloc, which backs the Blu-ray format.