We (that is those of us longer for a universal HD format in the form of Blu-ray) have been waiting for this moment for a long time. Finally, Reuters is reporting that Toshiba is giving up on HD DVD.
“The move will likely put an end to a battle that has gone on for several years between consortiums led by Toshiba and Sony vying to set the standard for the next-generation DVD and compatible video equipment.
Toshiba’s cause has suffered several setbacks in recent weeks including Friday’s announcement by U.S. retailing giant Wal-Mart Stores Inc that it would abandon the HD DVD format and only stock its shelves with Blu-ray movies.”
All I can say is it is about time. Anyone remember what the PS2 did for DVD? Blu-ray is next, and now the sleeping giant starts to slowly wake.