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Blu-Ray is also owned by Sony, who also own a movie studio themselves. There's a little bit of an unequal advantage that they have.
Their adoption rate seems high now, but it's going to table off once the numbers meet the number of people who own HD televisions.
And Blu-Ray DVDs are largely more expensive for companies to produce than regular DVDs, simply because of the delicate materials used in Blu-Ray discs. Don't expect consumer America to support having to pay an extra 10 dollars a movie just because movie companies don't want to pay licensing fees. That's the most bogus thing I've ever heard (although it wouldn't be completely surprising if Sony has all their eggs in that basket -- they don't really tend to be consumer-focused through many of their business decisions in the past two years or so).
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No Blu-Ray is not owned by Sony. They are only one of seven major contributers to the format. Besides Sony, Disney, Fox and Warner Brothers are also the major contributers and supporters of the format. Blu-Ray as a format was first conceived and developed with the primary goal of escaping the licensing fee system of DVD. Why do you think Toshiba is the major company against the format? Because they will lose a tremendous amount if Blu-Ray wins out and the current DVD licensing system is removed. FYI, the HD-DVD licensing system is even worse than DVD, hence you most likely will never see these major movie studios support the format even if it ever gains the lead at some point.
Of course they are pushing the format for the quality reasons, but the real reason for the Blu-Ray push is to develop a better licensing environment for the movie industry.
There's nowhere I can't reach.