http://news.yahoo.com/s/nm/20060309/tc_nm/bluray_hddvd_dcBy Niclas Mika and Lucas van Grinsven Thu Mar 9, 1:54 PM ET
HANOVER, Germany (Reuters) - The race between two competing formats for future DVDs -- and the $24-billion-a-year home video market -- appeared wide open on Thursday as manufacturers said they would support both formats.
The Blu-ray format is backed by big consumer electronics firms such as Sony Corp (NYSE:SNE - news), Philips and Dell as well as most Hollywood studios.
But the HD DVD format, whose proponents are led by Toshiba, looks set to reach the market faster and offer cheaper players.
Consumer electronics maker LG Electronics and PC maker Fujitsu-Siemens both said on Thursday they would keep their options open after computer giant Hewlett-Packard said last month it would back HD DVD as well as Blu-ray.But get this little quote at the end.
Asked if consumers would have to buy their favorite movies again, Blu-ray spokesman Simonis said: "Of course! But it will enrich your life."Okay, Mr. Simonis. Enrich this. I've already built up a DVD collection. I guess I'll just have to put up with the "inferior" picture quality of my present DVDs, because I AM NOT buying them yet again in another format.. KISS MY ASS!