Not a rumor, folks.

It seems that the format battle between Bluray and HD-DVD is finally over. And Blu-ray will be having the last laugh.

Reuters just reported that Toshiba has just announced that they are giving up the HD-DVD format for good. A source was quoted as saying; “We have entered the final stage of planning to make our exit from the next generation DVD business,” said the source, who asked not to be identified. He added that an official announcement could come as early as next week.

This might have come from the decision of Walmart not to put HD-DVD on its shelves and focus on Blu-ray instead.

This bit of news will certainly catch the ire of Xbox 360 players who bought their devices since an HD-DVD adapter is readily availble. Now my decision on which console to buy just got complicated! Egad!