Toshiba Declares HD DVD Officially Dead

Great news! The War is over.

No... not that war...

Not that we weren't expecting this to happen, but Toshiba has finally bowed out of HD DVD. This makes Blu Ray Disc the undisputed winner of the next generation dvd format war. Toshiba formally conceded defeat Tuesday morning, confirming that Toshiba will cease making and shipping players in the HD DVD format by March 31st.

Engadget is also reporting that the lone (contractual) holdouts Paramount and Universal, will now make the obvious choice and publish their films on Blu-ray. This is great news for consumers.Discuss: Will consumers adopt Blu Ray? Or will on demand and digital rental services win out?