According to comments made by Sony Chairman Howard Stringer during the D6 Technology and Media Conference, the PlayStation 3 was on life support for awhile but that the console is moving its way towards profitability and a long lifespan.
When asked to comment about the company's recent failures for digital music player and interactive television ventures, Stringer noted that Sony was ... [ read the full article ]
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"He also added that Blu-ray did not succeed because Sony paid off movie studios for exclusive support."
So I suppose that $400 million check to Warner Bros. to go blu-ray exclusive doesn't count as a pay off, right? And, yes, I am aware that Toshiba had previously offered the very same Warners something in the order of about $150 million for HD-DVD exclusive support. Both companies were competing so it's understandable they each wanted as much studio support as possible.
"We were not in the check-writing competition."
Of course not.(<-sarcasm) Who does he think he's fooling? That's exactly what it boiled down to. In the end, the studio to lock down to your side was the one with the largest movie library: Warner Bros. and Sony sold its soul to accomplish that feat. Hey, way to go, Sony.
"Had I lost that war, the headline would have been, not that HD-DVD won, but that [Blu-ray] was Betamax 2"
Betamax 2... lol.
On an aside:
" despite the rise in digital distribution as their is a "long lead time before downloads..."
Apologies but wrong "their" , it should be "there".
Quote: "If we have any more success, we'll be bankrupt," he added.
This basically means if they had to "buy" any more success they would have to sell everything off, if you have not noticed they sold a hell of alot off to stay afloat and I wonder if there is any profit in what they have left, the PS3 will do fine even with their unneeded dcking with it but the rest of thier hardware is in a soso state.
I can see BR doing maybe 400GB in 7 years but by the last half of the 1X's we could see a 1TB disc to the consumer market still BR is enough for now and DVD only lasted 13ish years if you count the early days of it, so a HD format winner lasting around half that is not actually that bad the way todays tech works, still if BR can get to a stable 100GB a disc that worked on most BR players there is lil more that will be needed untill BR hits 14+.
