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NYT Confirms Movie Studios Paid to Support HD DVD

Posted by Zonk on from the money-makes-the-world-go-round dept.

An anonymous reader writes "The New York Times has confirmed the story that Paramount and DreamWorks Animation were paid $150 million for an exclusive HD-DVD deal that will last 18 months. 'Paramount and DreamWorks Animation declined to comment. Microsoft, the most prominent technology company supporting HD DVDs, said it could not rule out payment but said it wrote no checks. "We provided no financial incentives to Paramount or DreamWorks whatsoever," said Amir Majidimehr, the head of Microsoft's consumer media technology group.'" We discussed Paramount's defection on Monday.

5 of 441 comments (clear)

  1. Re:So what? by etymxris · · Score: -1, Offtopic

    Copyrights are basically a government granted monopoly. Given the century long copyrights successfully lobbied for by the movie industry, the traditional rules of capitalism have long meant little when it comes to movies and directly supporting technologies.

  2. Re:So what? by telbij · · Score: 0, Offtopic

    *taught GRAMMAR NAZI!


    *SPELLING NAZI, Insufferable Pedant!!!!!!
  3. HD-DVD ftw! by Anonymous Coward · · Score: -1, Offtopic

    booooyeee

  4. Mod this up PLEASE by tekrat · · Score: 0, Offtopic

    Oh god, I wish I had mod points. I haven't laughed this hard since Tuesday.

    --
    If telephones are outlawed, then only outlaws will have telephones.
  5. Wrong focus. by Entropius · · Score: 1, Offtopic

    So, let me get this straight. There are two formats and a lot of money competing to let us watch shitty movies in ever higher resolutions.

    Could we please get less shitty movies at *any* resolution?