Investors React to DVD War's Near End

February 2008
Red Herring;
Teh article reports on the impact of the impneding end to the competition between DVD formats on the shares of Sony and Toshiba. Shares in Toshiba, creator of the high definition DVD (HD DVD) format, which a company source said was planning to axe its HD DVD format, jumped nearly 6 percent as analysts praised a move to cut its losses, while Sony shares rose 1 percent. - The Blu-ray win means consumers seeking sharper movies on high-definition DVDs no


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