The end of HD-DVD is near

Source: Dailytech

Since the end of last week, other sources (which NHK had confirmed) rumored that Toshiba is about to announce its defeat and abandon HD-DVD.
The announcement could happen soon, perhaps within the week. It will certainly require a few years to know what this war has cost Toshiba, and what it will cost them in the future. In fact, they will still have to sell their stock of already-manufactured players, and abandon the investment they have made in the production lines. They will also have to give up their licences paid on this format, and certainly the hardest, having to get a license with Sony to manufacture Blu-ray. It is likely that they are already in the process of negotiating this last point in exchange for an announcement of defeat as soon as possible.