Pioneer to Go Blu-ray

Oh boy. Someone at Pioneer better have a butt pad ready because if this turns out to be the wrong decision, there's going to be a big ass-kicking party happening over there. It seems the vaunted DVD player maker is going to go all-Blu-ray-all-the-time and is basically dropping its DVD business. Rather than building their own chips and machines, they'll be licensing from Matsushita and that'll be that. Good luck, guys.

Pioneer to end loss-making DVD recorder business, ally with Matsushita [via TheInquirer]