New Medium Enterprises, developers of the HD VMD format, claims that their format is now ready to be embraced by the industry.
"The way is now clear for VMD to be embraced by the industry, our technology is robust and our format is clearly equal to the quality required to deliver a true HD experience for the consumer at a price they are prepared to afford," said chief executive officer Geoff Russell.
Though there are over 100 titles currently available for the format, with several distribution deals having been put in place, there aren't any major Hollywood studios or hardware manufacturers supporting the format.
I struggle to see why anyone would want to invest in the format, given the painful experience of anyone who sided with HD DVD.
"NME has developed the VMD technology independently and are poised to come to market in several territories in the next quarter. All indications are that VMD can fill the void left by HD DVD for a hungry production industry and rapidly growing HD-screen enabled consumer market," said Michael Solomon, chairman of NME.
I'm not so sure.
(Via X-Bit Labs)

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