updated 04:40 pm EST, Mon February 25, 2008
360 HD DVD player hits $50
Microsoft has announced a dramatic price cut on its HD DVD add-on for the Xbox 360. The movie player, which once sold for as much as $180, is now being sold for just $50; it continues to be bundled with a Universal Media Remote and Peter Jackson's King Kong, effectively negating the cost of the player entirely. This may suggest that Microsoft is trying to clear as much inventory as possible while HD DVD discs continue to be available in stores.
The cut follows an announcement on Saturday, which saw Microsoft end production of the player due to the death of the HD DVD format as whole. Though the company can continue to provide HD movies for the 360 through its Xbox Live Marketplace, rumors have circulated that Microsoft will soon reveal a Blu-ray equivalent of the HD DVD add-on, which may be ready as soon as May.