The Financial Times had earlier claimed that the studio was ready to invoke a handy get-out clause, which would allow it to follow Warner Bros’ over to Sony’s house. But a Paramount spokesperson today denied the rumours stating that its plan is ‘to continue to support the HD-DVD format’.
Blu-ray remains in a strong position with deals in place that give it access to 70% of Hollywood’s annual output, but Paramount’s titles for 2008 include potentially valuable blockbusters like Indiana Jones And The Kingdom Of The Crystal Skull (pictured).
All this speculation would have made for a lively question and answer session at the HD-DVD camp’s CES shindig on Sunday. But we’ll never know – the party was cancelled at the last minute.