DreamWorks still not giving up on HD DVD

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Either DreamWorks is stupid or there are some things going on behind closed doors that no one knows about because there’s really no other explanation as to why they’re still clinging to HD DVD.

“We have a partnership with Toshiba and have an obligation to see this through,” DreamWorks Chief Executive Jeffrey Katzenberg said on Tuesday.

“As you know, we have been well-compensated for our support. It really is in their court at this point to really declare what the next step will be. We’re poised either way to jump into the marketplace when the conditions are right to do so,” he said.

Loyalty is a hard thing to come by these days any way you cut it, but this seems rather ridiculous. Toshiba dropped out, Katzenberg. They don’t give a heap load of dung what you do with “Bee Movie”, either. But then again, digital downloads are more than likely going to put Blu-ray to bed so maybe Katzenberg is onto something.

DreamWorks waiting for cue from Toshiba on Blu-ray [Reuters]