Another DVD Format, but This One Says It’s Cheaper

A new system that is incompatible with Blu-ray, called HD VMD, for versatile multilayer disc, is trying to find a niche. New Medium Enterprises, the London company behind HD VMD, says its system’s quality is equal to Blu-ray’s but it costs less. (NY Times, DigitalMediaWire)

HD falters in Europe

The recent closure of two of Germany's HDTV channels has cast a shadow over European hopes for a rapid transition to high definition, according to Strategy Analytics. The report concludes that Europe's television providers should concentrate their resources initially on building pay television rather than advertising-based business models in order to reach the critical mass of HD content and receivers necessary to make HDTV a self-sustaining business (Advanced Television)

Steve Chen: YouTube to Add Live Video

YouTube will support live video before the end of this year, co-founder Steve Chen told Pop17 videoblogger Sarah Meyers. The background party music is thumping, so here’s a transcript. (NewTeeVee)

Dailymotion to Deliver UGC Web Video in High Definition

Dailymotion, the independent video sharing site, announced the launch of a high-definition video player that enables High Definition (HD) upload and playback. The Dailymotion system will automatically detect and deliver HD quality video to users with the appropriate bandwidth. (PR)