Sony Cuts Price on Blu-Ray Player

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Sony said Monday it will ship its new Blu-ray disc player this week $100 cheaper than previously announced.

When Sony announced the BDP-S300 player in February, it put the price at $599, but it has now set a list price at $499.

The new player has essentially the same capabilities as the older BDP-S1 but is smaller.

Sony's rival in the HD arena, Janese Toshiba, currently sells its HD DVD players for less than $300.

Neither Blu-ray nor HD DVD players have caught on strongly with consumers, who have been waiting for the market to settle on one of the formats. But dropping prices for players and HDTV sets in more homes mean a big showdown between the discs may be looming this holiday season.
 
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