PS3 will boost Blu-Ray says News Corp. CEO

Alright, we have yet another Blu-Ray opinion courtesy of News Corp. top honcho (President and CEO), Peter Chernin. And according to him, the launch of the PS3 will put more “focus” on Blu-Ray by providing users a Blu-Ray player that costs significantly less than the HD-DVD players that are currently in the market.

Makes sense right? His whole opinion piece could’ve passed but then he had to dig his own grave when he said “I’ve been talking to all of the electronics manufacturers on both sides of the format wars, I don’t think there’s likely to be a quick resolution, I think the resolution, if it comes, is likely to be driven by the marketplace.”

Hence, the outpour of comments at GamePro basically saying “EVERYTHING’s driven by the marketplace. Thanks for the newsflash.” Hahaha.

But for some, the whole thing becomes really interesting because News Corp. owns 20th Century Fox, who, so far, has only released movies on Blu-Ray, and has Sony and Samsung as its backers. And so far, the company seems to have no plans on releasing films on HD-DVD.

HD-DVD people will probably argue that its the first format to come out with players and content in the market, but Chernin says that “Right now you have a tiny, tiny number of players out there at very high prices, most of the HD-DVD players are at the US$1,000 range and you’re going to see a huge number of Blu-ray players entering the marketplace through PlayStation 3.”

Chernin ends his opinion-giving at the conference call by saying that a negotiation between the backers of the competing formats is highly unlikely, and by simply stating that “The marketplace will start getting interesting as PlayStation 3 starts hitting the marketplace.”

Via GamePro

Alright, we have yet another Blu-Ray opinion courtesy of News Corp. top honcho (President and CEO), Peter Chernin. And according to him, the launch of the PS3 will put more “focus” on Blu-Ray by providing users a Blu-Ray player that costs significantly less than the HD-DVD players that are currently in the market.

Makes sense right? His whole opinion piece could’ve passed but then he had to dig his own grave when he said “I’ve been talking to all of the electronics manufacturers on both sides of the format wars, I don’t think there’s likely to be a quick resolution, I think the resolution, if it comes, is likely to be driven by the marketplace.”

Hence, the outpour of comments at GamePro basically saying “EVERYTHING’s driven by the marketplace. Thanks for the newsflash.” Hahaha.

But for some, the whole thing becomes really interesting because News Corp. owns 20th Century Fox, who, so far, has only released movies on Blu-Ray, and has Sony and Samsung as its backers. And so far, the company seems to have no plans on releasing films on HD-DVD.

HD-DVD people will probably argue that its the first format to come out with players and content in the market, but Chernin says that “Right now you have a tiny, tiny number of players out there at very high prices, most of the HD-DVD players are at the US$1,000 range and you’re going to see a huge number of Blu-ray players entering the marketplace through PlayStation 3.”

Chernin ends his opinion-giving at the conference call by saying that a negotiation between the backers of the competing formats is highly unlikely, and by simply stating that “The marketplace will start getting interesting as PlayStation 3 starts hitting the marketplace.”

Via GamePro