Paramount to Support Blu-ray

Paramount Home Entertainment announced late Sunday that it had decided to produce movies in the Blu-ray disc format, indicating that the studio may be considering releases of its movies in both next generation DVD formats. The studio had previously said that it would be supporting HD DVD, however Sunday's statement made no mention of the technology.

"After more detailed assessment and new data on cost, manufacturability and copy protection solutions, we have now made the decision to move ahead with the Blu-ray format," Paramount said in the statement. Representatives for HD DVD said they believe the studio still backs the technology, but they had not heard directly from Paramount and instead were basing their opinion on comments made by the studio to the press.