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Wal-Mart to sell only Blu-Ray DVDs, not HD DVDs

Wal-Mart Stores Inc decided to exclusively sell high-definition DVDs in the Blu-Ray format,which could be a heavy blow to the rival HD DVD technology backed by Toshiba Corp.

In a statement on its Web site, Wal-Mart said that over the next few months it will phase out sales of HD DVD systems and discs. By June, it will sell only products in the Blu-ray format which was developed by Sony Corp.