[Sony’s Ken] Kutaragi said Sony is still trying to finalize the copyright protection technology and other standards for the Blu-ray DVD disc, the format for PlayStation 3, and next-generation video for the company’s electronics gadgets in the works.
“I’d like to apologize for the delay,” Kutaragi said at a Tokyo hotel. “I have been cautious because many people in various areas are banking on the potential of the next-generation DVD.”
Blu-ray preparations were initially to have been completed by last September, but now won’t be finalized until next month, he said.
“Most of the press are fixated on video games,” said Michael Pachter of Wedbush Morgan Securities in Los Angeles. “They think Sony is only in a battle with Microsoft. Sony is in a battle to make as much money as possible for the privilege of putting entertainment content in a Sony format. They already have a large group of people paying them for video games. They want a large group of studios paying them for movies.”