Warner Bros.

(Newser) - The Netflix DVD rental service has decided to go exclusively with Blu-Ray as its hi-def format for customers, rather than HD DVD. By the end of the year, Netflix will no longer offer HD DVDs, reports CNET. The service made the decision based on the momentum towards Blu-Ray by Hollywood...

(Newser) - Warner Bros. will release new high-def films exclusively in Blu-ray format, the Wall Street Journal reports. The decision marks a major setback for the embattled rival HD DVD format—now adopted by only two studios, Universal and Paramount—and could be a tipping point in the ongoing format war that...

(Newser) - Madonna is set to leave traditional record labels behind for an all-encompassing deal with concert promoter Live Nation, the Wall Street Journal reports. The Material Girl will bank $120 million; Live Nation gets three studio albums, the right to promote her concert tours, and various merchandising opportunities during a 10-year...

(Newser) - CBS beat out all comers, mainly ABC, for the rights to a Jerry Bruckheimer/Warner Brothers adaptation of the British series Eleventh Hour, a scientific thriller a la X-Files. The deal, pronounced the biggest of this development season, puts CBS on the hook for $25 million to $30 million, Variety reports.