Time Warner doubts Blu-Ray but…

Time Warner?Time Warner Corporation is one of the bigger and more known media conglomerates around. During these past few years, the company has definitely set its eyes on the booming gaming industry. It would be remembered that they recently acquired gaming site Joystiq through AOL.

It is interesting to note how Time Warner is viewing not just the new-gen wars, but the technological race between Microsoft and Sony. In simpler and less business-like terms, that means they have been watching the competition between media formats HD DVD and Blu-Ray. 

And now, you wonder what is Time Warner’s take in all of these. During a recent Credit Suisse media and Telecom conference in New York, company CEO Richard Parsons was in attendance. He generally talked about which direction Time Warner is heading, with emphasis given on their Internet division. When asked about their format preference, Parsons explained:

Do I think that the game console platform is really going to drive the conversion? I don’t think so. People get those things to play games, not watch movies.

Ouch… What’s with the attitude, man? Anyway, the official then expressed his doubts about Sony’s hope of winning the race. He reiterated that public acceptance is the key for Sony to be able to position the PS3 as the all-in-one living room solution. However, it is curious to note that Time Warner is currently supporting both the HD DVD and the Blu-Ray format. Now that’s what I call a fence sitter…

Via CNet

Time Warner?Time Warner Corporation is one of the bigger and more known media conglomerates around. During these past few years, the company has definitely set its eyes on the booming gaming industry. It would be remembered that they recently acquired gaming site Joystiq through AOL.

It is interesting to note how Time Warner is viewing not just the new-gen wars, but the technological race between Microsoft and Sony. In simpler and less business-like terms, that means they have been watching the competition between media formats HD DVD and Blu-Ray. 

And now, you wonder what is Time Warner’s take in all of these. During a recent Credit Suisse media and Telecom conference in New York, company CEO Richard Parsons was in attendance. He generally talked about which direction Time Warner is heading, with emphasis given on their Internet division. When asked about their format preference, Parsons explained:

Do I think that the game console platform is really going to drive the conversion? I don’t think so. People get those things to play games, not watch movies.

Ouch… What’s with the attitude, man? Anyway, the official then expressed his doubts about Sony’s hope of winning the race. He reiterated that public acceptance is the key for Sony to be able to position the PS3 as the all-in-one living room solution. However, it is curious to note that Time Warner is currently supporting both the HD DVD and the Blu-Ray format. Now that’s what I call a fence sitter…

Via CNet

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