"We've been working toward unification. But talks are now stalled. We will press ahead with the product launch as planned," Toshiba President Atsutoshi Nishida told Reuters in an interview.



Andy Parsons, a Blu-ray spokesman, confirmed that the talks had stalled but denied that it meant the two groups had reached an impasse.

"We are hopeful that we can still find a resolution," Parsons said. "We still have time to find a way to avoid having two formats go to market, which isn't good for consumers or us."