Report: Toshiba Courting Warner to Go HD DVD-Only
Having persuaded Paramount and DreamWorks -thanks to a big wad of cash- to flip their hi-def disc allegiance to HD DVD-only, that format’s backer Toshiba is reportedly pushing to make the only remaining dual-format Hollywood studio do the same.
According to a report in the Los Angeles Times Monday, Warner Bros. is “mulling over a lucrative offer” to bring its titles out exclusively on HD DVD. The Blu-ray-backing Sony Corp., however, is also courting Warner to switch, the newspaper said. Reports at the time stated that Paramount was paid $100 million (and DreamWorks $50 million) to make the switch to HD DVD-only, but no numbers have been quoted in regards to the Warner Bros. offer.
Warner Bros. movies include the lucrative “Harry Potter” franchise, which recently became the highest-grossing film franchise in history. Warner also controls the rights to the Superman, Batman, and Matrix franchises. The company’s high-definition guru, Steve Nickerson, announced last month that he was leaving Warner Bros. It was stated at the time that Nickerson was leaving “pursue other opportunities that will be announced shortly,” but no such plans have as of yet been announced.