unger814 writes "Sony CEO Howard Stringer says that Blu-ray and HD DVD are currently in a "stalemate" and is "playing down the importance of the battle." Stringer addressed a crowd at Manhattan's 92nd Street Y cultural center Thursday, where he said that "it was a matter of prestige" which format wins. Stringer pointed to the switch by Paramount from producing movies in both formats to only HD DVD as a turning point. "We were trying to win on the merits, which we were doing for a while, until Paramount changed sides," Stringer said."
Link to Original Source