MGM to support Blu-ray

Posted on Friday, November 11 2005 @ 7:53 CET by Thomas De Maesschalck
MGM announced on Wednesday it will support the Blu-ray next-generation DVD format.
The MGM announcement marks the latest move in an increasingly heated battle over rival DVD technologies between the Sony-led camp and another group led by Toshiba, which is pushing a format known as HD DVD.

MGM's move was not considered a surprise as the studio behind the lucrative James Bond film franchise was bought in April by an investor group including private equity firms Providence Equity Partners and Texas Pacific Group, as well as Sony and Comcast.
More info over here.

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