With Toshiba dropping HD DVD, it was only a matter of time before its supporters in Hollywood followed suit. According to Home Media Magazine, Universal Studios has announced that it will be releasing its new and catalog titles on Blu-ray.
At least one of the two major studios currently exclusive to HD DVD is already gearing up to join the other team after Toshiba’s announcement it would stop making HD DVD players.

“While Universal values the close partnership we have shared with Toshiba, it is time to turn our focus to releasing new and catalog titles on Blu-ray,” said Craig Kornblau, president of Universal Studios Home Entertainment.
With a Blu-ray version of Transformers showing up in Circuit City's computers, its only a matter of time before Paramount announces that they too are dropping support for HD DVD. If you'd like to read more, the entire article can be found here.