You will be redirected back to your article in seconds

Katzenberg sees digital future

CEO downplays platform battle

While many in Hollywood are arguing over whether Blu-ray or HD DVD will drive the future of home entertainment, Jeffrey Katzenberg has his answer: Neither.

Responding to a question at a Bank of America conference in New York on Wednesday, the DreamWorks Animation CEO told analysts that both formats are unlikely to appeal to anyone beyond videophiles.

“Blu-Ray and HD DVD are a niche business. They’re not going to become the next platform,” he said. “I think for the general consumer, there is not a big enough delta between the standard DVD in terms of where it is today and the next generation.”

Comment isn’t likely to win Katzenberg many friends among homevid execs, particularly those in the Blu-ray camp who have recently been declaring their side the winner in the format war as well as the inevitable future of optical media.

While DreamWorks distributor Paramount does release movies in both Blu-ray and HD DVD, it hasn’t put out any of the toon studio’s pics in either next-gen format.

Katzenberg was more optimistic about digital distribution, telling those present that “the promise is staggering.” But while the traditional DVD biz is no longer growing, he said Internet movie downloads won’t spark industry growth for a while.

“The incremental income to the movie industry in the next 18-24 months (from digital delivery) is negligible,” he told the crowd.

More Scene

  • GLSEN Respect Awards

    Gay Actors Talk Sexual Harassment at GLSEN Awards: 'It Definitely Happens'

    While many in Hollywood are arguing over whether Blu-ray or HD DVD will drive the future of home entertainment, Jeffrey Katzenberg has his answer: Neither. Responding to a question at a Bank of America conference in New York on Wednesday, the DreamWorks Animation CEO told analysts that both formats are unlikely to appeal to anyone […]

  • Made By Google

    Rashida Jones, Jaden Smith and More Stars Party at Made by Google Opening Night

    While many in Hollywood are arguing over whether Blu-ray or HD DVD will drive the future of home entertainment, Jeffrey Katzenberg has his answer: Neither. Responding to a question at a Bank of America conference in New York on Wednesday, the DreamWorks Animation CEO told analysts that both formats are unlikely to appeal to anyone […]

  • 'Boo 2! A Madea Halloween' film

    Tyler Perry Hopes 'Boo 2!' Can Help Bring Laughter to Nation's 'Darkness'

    While many in Hollywood are arguing over whether Blu-ray or HD DVD will drive the future of home entertainment, Jeffrey Katzenberg has his answer: Neither. Responding to a question at a Bank of America conference in New York on Wednesday, the DreamWorks Animation CEO told analysts that both formats are unlikely to appeal to anyone […]

  • 'Geostorm' film premiere

    'Geostorm' Director Hopes Harvey Weinstein Scandal Signals 'Sea Change' for Hollywood

    While many in Hollywood are arguing over whether Blu-ray or HD DVD will drive the future of home entertainment, Jeffrey Katzenberg has his answer: Neither. Responding to a question at a Bank of America conference in New York on Wednesday, the DreamWorks Animation CEO told analysts that both formats are unlikely to appeal to anyone […]

More From Our Brands

Access exclusive content