Warner Home Video has announced that they will be releasing their first title in the HD DVD and DVD Combo format on May 9th. This first title, "Rumor Has It," will have HD DVD content on one side and standard definition DVD on the other.
Warner Home Video (WHV) has announced the release of the first title in the HD DVD and DVD Combo Format (HD DVD on one side and Standard Definition DVD on the other): "Rumor Has It," which will debut May 9, day-and-date with its Standard Definition version. In addition, WHV will release three new HD DVD titles: "GoodFellas" and "Swordfish" on May 2 and "Training Day" on May 9.

"We are pleased to be continuing our rollout of new HD DVD titles," said Stephen Nickerson, Senior Vice President, Market Management. "But what is really exciting is the release of the first title, `Rumor Has It,' in the HD DVD and DVD Combo format. Purchasing a disc now in this format is the ideal choice that gives consumers the greatest flexibility in viewing options: If they own an HD DVD player, of course, they'll get all the benefits of HD DVD and be able to play the disc in existing DVD players. If they're considering a future purchase of an HD DVD player, they can still enjoy the movie until they upgrade."
The only real downside I see here is price. "Rumor Has It" has a suggested retail price of $39.99 which is about $5-10 more than a normal HD DVD title. If you'd like to read more, the entire press release can be found here.