Three standalone HD-DVD players are set to see their RRP slashed by up to 50 per cent, with the base model, the HD-A3, falling to just $150.
The firm is also planning a heavy-duty TV, print and online advertising campaign to promote the format.
Toshiba America's group vice president of digital audio and video Yoshi Uchiyama stated: "While price is one of the consideration elements for the early adopter, it is a deal-breaker for the mainstream consumer."
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