Backing the wrong team

I'm going to have a longer and more entertaining post in the next couple days, but I thought I'd share this.

This past weekend I finally broke down and bought myself the HD DVD add-on to my Xbox 360. I'd been holding out for a long time since I was nervous about the outcome of the format wars between Blue-Ray and HD DVD, but I had some Christmas money to spend and it seemed like a good time. I mean, Universal Studios and Warner Bros were on board and Paramount joined the HD DVD party last summer. Things were looking good! Well, I picked the wrong time I guess. Warner Bros defected a few days ago, giving Blue-Ray their full support and a current 70% market share of the movie industry. With the Warner Bros move, Paramount is setting itself up to pack it's bags and move to Blue-Ray also, which would be the final killing blow to the HD DVD camp. As much sway as Microsoft and Toshiba have, I don't see them being able to keep this sinking ship afloat.

I guess the good news is I'll be able to pick some HD movies up in the bargain bin in the coming future.