HD-DVD Has Been Terminated

Gizmodo Japan have gotten their hands on the Toshiba Press Release (on the Toshiba website, apparently) before the Toshiba press conference even started.

The verdict: Toshiba will stop supporting HD-DVD, ending the format war that everyone was bored about. Facing a massive boycott from Hollywood, Toshiba had little choice, really.

The news has hit the wire since.