Microsoft has confirmed to Shacknews that it has ceased production of the Xbox 360 HD DVD player add-on, and units currently available at retail will be dropped in price to $49.
Microsoft's Taipei branch announced the drop earlier today, noting that it will continue to provide technical and warranty support for HD DVD player owners.
Electronics manufacturer Toshiba announced today that it will discontinue production of its HD DVD players and recorders, prompting many to sound the end of the format war in favor of Sony's Blu-ray disc.
Rumors began circulating last week that Toshiba, one of the largest backers of the HD DVD format, would discontinue support after retail giant Wal-Mart announced its decision to only sell Blu-ray discs in its stores.
"We carefully assessed the long-term impact of continuing the so-called 'next-generation format war'," said Toshiba CEO Atsutoshi Nishida. "[We] concluded that a swift decision will best help the market develop."
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