RIP HD-DVD: Toshiba concedes defeat

The high-definition format war has finally come to an end with Toshiba humbly accepting the defeat of its HD-DVD format. The company announced in an official statement on Tuesday (February 19, 2008) that it will no longer develop, manufacture and market the HD-DVD. It stated that it was left with no choice but to discontinue the HD-DVD, while tacitly referring to major movie studios and retailers switching sides to the rival Blu-ray. It can safely be said that Warner Brothers’ recent decision to only support Blu-ray was the final nail in the HD-DVD coffin.

In the official statement…