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.
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