CDRLabs.com

Paramount, the last Hollywood studio to support HD DVD, has announced that it too will be releasing titles on Blu-ray. In a statement sent to The Hollywood Reporter, Paramount announced that it was pleased that the industry was moving toward a single format and that it would would begin releasing titles on Blu-ray in the near future.

Paramount Home Entertainment quietly came onboard via a statement sent exclusively to The Hollywood Reporter on Wednesday: "We are pleased that the industry is moving to a single high-definition format, as we believe it is in the best interest of the consumer," the statement reads. "As we look to (begin) releasing our titles on Blu-ray, we will monitor consumer adoption and determine our release plans accordingly."

While Paramount has provided any details in regards to a release schedule, a Blu-ray version of Transformers has already shown up in Circuit City's computers. If you'd like to read more, the entire article can be found here.