Best Buy officially chooses Blu-ray!

[zombieflanders]

Oh, man, this is not a good day for HD DVD! Official press release from Best Buy:

Best Buy to Recommend Blu-ray as the Customer's Digital Format Choice

February 11, 2008 3:31 PM EST

MINNEAPOLIS--(BUSINESS WIRE)--

Best Buy Co., Inc. (NYSE: BBY) is taking a step forward in addressing consumer confusion about high-definition formats. Beginning in early March, the leading consumer electronics retailer will prominently showcase Blu-ray hardware and software products in its Best Buy retail and online channels in the United States.

"Consumers have told us that they want us to help lead the way. We've listened to our customers, and we are responding. Best Buy will recommend Blu-ray as the preferred format," said Brian Dunn, Best Buy's president and chief operating officer. "Our decision to shine a spotlight on Blu-ray Disc players and other Blu-ray products is a strong signal to our customers that we believe Blu-ray is the right format choice for them."

Dunn continued, "Best Buy has always believed that the customer will benefit from a widely-accepted single format that would offer advantages such as product compatibility and expanded content choices. Because we believe that Blu-ray is fast emerging as that single format, we have decided to focus on Blu-ray products."

"With the explosion of HDTVs, customers are hungry for quality, high definition content. We believe our move to feature Blu-ray should help consumers feel confident in their hi-def content choices," said Mike Vitelli, Best Buy's senior vice president, Home Solutions. "Best Buy is excited by the next generation of digital products and we know our customers are too. We are excited about helping customers find the right mix of products and services to make the next generation of high definition entertainment technology come alive for them. We believe that Blu-ray is the right solution for consumers."

Best Buy currently carries a wide array of Blu-ray hardware and software products. The company noted that it will continue to carry an assortment of HD-DVD products for customers who desire to purchase these products.

About Best Buy Co., Inc.

Best Buy Co., Inc. (NYSE: BBY) operates a global portfolio of brands with a commitment to growth and innovation. Our employees strive to provide customers around the world with superior experiences by responding to their unique needs and aspirations. We sell consumer electronics, home-office products, entertainment software, appliances and related services through nearly 1,300 retail stores across the United States, throughout Canada and in China. Our multi-channel operations include: Best Buy (BestBuy.com, BestBuy.ca and BestBuy.com.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Pacific Sales Kitchen and Bath Centers (PacificSales.com), Magnolia Audio Video (Magnoliaav.com), Jiangsu Five Star Appliance Co. (Five-Star.cn) and Speakeasy (Speakeasy.net). Best Buy supports the communities in which its employees work and live through volunteerism and grants that benefit children and education.

Source: Best Buy Co., Inc.

http://www.streetinsider.com/Press+R...e/3345206.html

[bowl-o-rama]

If this is true it's surely over. BB= America's #1 electronics retailer.

[dmarvin]

No way... wow if true.

[g.k.]

The hits keep on coming.

[Frankly]

Originally Posted by zombieflanders

Oh, man, this is not a good day for HD DVD! Official press release from Best Buy:

http://www.streetinsider.com/Press+R...e/3345206.html

Wow.... just wow. And after the Netflix announcement, I didn't think a Monday could get any better for me. First time being wrong is a good thing!

[Leon]

Very nice

[spicynacho]

Ding dong the witch is dead

[Hi i'm God]

In before 'rumour' and 'it doesnt matter'.

[ack_bak]

Wow.. Kudos to the BDA. This is even bigger than the Netflix news.. Universal and Paramount have to be going neutral (if not BD exclusive) now...

[dmarvin]

You might as well throw in the towel if you lose BB's support, Toshiba. Not a good day to be one of those red-heads who have all been in denial since 1/4/08.

[Beta-guy]

lol wait, HD DVD'ers will say this doesn't matter either... if this is true

[DAMNSAM77]

NO FRIGGIN WAY!!!! IF THIS IS TRUE I WILL PROMISE to do my funky little monkey dance for everybody!!! hehehehe!

Zombie, this better be true! I love Blu-ray and I HATE HDDVD, but what I despise the most, even more than HDDVD, is FUD!!!!

So this better not be FUD my friend

[winstonshu]

wow. this isn't just a kick to the nuts, this is an axe to the nuts.

[defbunny]

Funny that all the HDDVD bad news comes from Bluray fanboys. Why all the interest I wonder? I can't imagine me posting any Bluray news, good or bad.

[spicynacho]

Bummer sounds like they are still planning to carry some HD DVD junk

Probably just until the inventory is cleared out.