Over the weekend, rumors that Toshiba would soon be dropping HD DVD spread across the internet like a plague (or virus?), and many declared this end of HD DVD. Who can blame them? It looks like Blu-ray does have a greater list of victories.
However, Toshiba released a statement this morning in a valiant effort to end the media frenzy:
"The media reported that Toshiba will discontinue its HD DVD business. Toshiba has not made any announcement concerning this. Although Toshiba is currently assessing its business strategies, no decision has been made at this moment."
Regardless, there is still speculation that the company will come out with a decision as soon as tomorrow, and their choice will be Blu-ray despite the above statement. HD DVD already lost a major battle when Warner Bro. decided to support its rival format; at the time, Toshiba even expressed disappointment and surprise over the media declaring HD DVD dead.
With the way things are going in the hi-def war, it's no wonder hardly anyone still has faith in HD DVD.
Keep on truckin', Microsoft.