As far as Hollywood is concerned, high-definition movies are
now Blu. Paramount told the media today that it will soon begin releasing movies
again on Blu-ray Disc, a move many expected to happen following Toshiba’s
withdrawal from the high-definition format war on Tuesday.
“We are pleased that the industry is moving to a single
high-definition format, as we believe it is in the best interest of the
consumer,” read a statement from Paramount, received by the Hollywood
Reporter. “As we look to (begin) releasing our titles on Blu-ray, we
will monitor consumer adoption and determine our release plans accordingly.”
Unlike Universal Studios, which already announced
it plans to release movies on Blu-ray Disc, Paramount is no stranger to the
now-victorious high-definition format. Prior to its exclusive
deal with HD DVD – rumored at around
$150 million – Paramount released its films on both HD DVD and Blu-ray
Disc.
While Paramount has yet to announce any upcoming Blu-ray
Disc product, it’s only a matter of time before Transformers
hits the format to please fans and silence Michael
Bay.
Paramount will still honor its pledge to HD DVD owners, as
it will continue its promised releases until further notice. Releasing next
week only on HD DVD is Beowulf, with Into the Wild the week after. Sweeney Todd and There Will Be Blood are also confirmed by Paramount for an April
release.