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Howard Stringer Talks PS3 Momentum, Blu-ray Price CutPosted 1:00pm Wed Nov 21, 2007 by Shiva Stella Tags: playstation 3, howard stringer, people, bluray, sony
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According to a story on the The Hollywood Reporter, Sony CEO Howard Stringer has commented that the PlayStation 3 "[is] not behind the curve compared to PlayStation 2 in terms of momentum. The amount of bandwidth and the processing power of Cell give game manufacturers a lot more work to do to use this system to its full benefit -- and it's taken awhile to do it. The same was true of PlayStation 2."

He continued, "The momentum shift and the energy behind PS3 in time for Christmas is extremely fortuitous. It was planned by the PlayStation group, but I think this momentum now -- particularly the number of games coming out, including our own as well as third-party -- is the same as it was with PlayStation 2."

Regarding the Blu-ray/HD DVD format war, Stringer has stated that Blu-ray has the exclusive support of Fox, Disney, MGM, Lionsgate, and Sony (well there's a surprise). Here's Stringer's personal take on the situation:

I think Blu-ray is just a better format. Our partners are with Blu-ray Disc because, first of all, we have greater security, which Fox is particularly good at. Disney thinks it's a better picture. And the sheer amount of bandwidth on the disc gives directors and beyond all kinds of future opportunity, including director's cuts and who knows what 3-D capabilities will be down the road.

I think that's why Steven Spielberg held out his own product from going to HD DVD. Ultimately, if you're passionate about movies, which these DVD collectors are, Blu-ray is the best answer. I think that is true, and we see that in the blogging environment.

It isn't the cheaper format, but it is the better format.

As far as a price cut goes for Blu-ray players, don't expect one anytime soon. Said Stringer, "We haven't announced any price cuts yet, but obviously the PS3 at $399 was a price cut, and that's also a Blu-ray player. We're comfortable with the situation at the moment."

The Hollywood Reporter [hollywoodreporter.com]
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