The entertainment giant plans to set a wholesale price for new Blu-ray movie releases of $23.45, a 15 to 20 per cent increase over current DVDs. Older titles will be priced at $17.95.
Stores will be able to set their own retail prices, but consumers will almost certainly have to pay more, the publication predicted.
Price hikes are common for the introduction of new standards. The first DVDs were sold at $17.95 when they were introduced in 1997.
Sony Pictures is the first movie studio to unveil prices for movies on the next-generation high definition movie format.
The Hollywood Reporter believes that pricing will emerge as an important weapon in the standards war between the rival camps backing Blu-ray and HD-DVD.
IBM and Technical University of Munich team demonstrate how Shor's algorithm, which can't be cracked by conventional computers, can be solved quickly with quantum computing
Hubble Space Telescope finds superflares from young red dwarfs could strip away planetary atmosphere
Younger stars are 100 to 1,000 times more energetic than when they're older
Two of the big four supermarkets will use the system to control sales of restricted products
PUBG news and updates: November's Update #23 to bring new Skorpion pistol and changes to blue zone visibility
Genuinely useful side-arm coming to PUBG in Update #23