This morning Toshiba announced that they would no longer make, market or develop HD-DVD players and recorders. This is something I predicted back on Jan. 10 in my post Is HD DVD Dead? Blu-ray definitely advancing…

The company has promised to continue product support for the ONE million people worldwide who bought into the format, but shipments of new machines will immediately be paired down and will stop completely by the end of March. This also means that HD-DVD movie availability will begin to dry up pretty quickly as well.

The final nail in the coffin of HD-DVD seemed to come from two announcements made last week. First, Netflix announced that they would stop carrying rentals of HD-DVD movies and then Wal-Mart said they would only sell Blu-ray DVD’s and players. Target and Blockbuster made similar announcements

So if you’ve got an HD-DVD player, get it on eBay quick, before the news gets out to everyone.
You can read the back story to this whole format war here and read more about today’s announcement here.

UPDATE: Engadget has a great little post on what you can do with your HD-DVD player now.