More news from the format war today, and it isn't good for the red camp. Daily Variety has confirmed that Universal's agreement to stick with HD DVD has ended and has not been renewed. Additionally, Paramount has an escape clause in its contract that can be exercised following Warner's departure from the (now dwindling) HD DVD ranks. The article highlights various ongoing commitments both companies have to the format, but we've heard these kind of promises before from studios. It's feeling like a party where everyone leaves at once; nobody wants to be the first out the door, but everyone's looking in that direction.
[Thanks, Mike M!]