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Best Buy to Give Away Millions of Dollars in Gift Cards to HD-DVD Buyers

It sounds too good to be true, but apparently it’s for real. Big box retailer Best Buy Co. is giving away $50 gift cards to the unfortunate customers who ended up on the loosing side of the BluRay vs. HD-DVD format war. Pretty interesting move. Best Buy certainly had no obligation to help out HD-DVD buyers. The cost for the gift cards should be coming out of the pockets of the idiotic studio execs who perpetuated the format war in the first place. They’re ultimately the ones who screwed HD-DVD owners by not agreeing on a format. Kudos to Best Buy – whom I sure will enjoy every bit of their $10 million worth of positive PR.

Details in the press release below, or you can visit bestbuy.com/hddvd.

With Blu-ray declaring victory over HD-DVD in the high definition movie format war, Best Buy, the nation’s largest consumer electronics retailer, is giving $50 gift cards to customers who purchased an HD-DVD player or HD-DVD attachment from its U.S. stores before February 23, 2008. Customers will get a gift card for each player or HD-DVD attachment that they purchased. Through this program, Best Buy will distribute more than $10 million in gift cards to customers across the country.

“The DVD format war has divided our customers in a way we haven’t seen since Betamax took on VHS more than 20 years ago,” said Brian J. Dunn, president and chief operating officer for Best Buy. “At Best Buy, we understood and shared our customers’ frustrations as they were being asked to choose one format or the other. Now that the format war is over, we hope these gift cards will reassure our customers that we will help them make a smooth transition into the right technology for their needs.”

Most Best Buy customers won’t have to do anything to receive their gift card. As a demonstration of its commitment to its customers, Best Buy will proactively mail cards to all customers that the company can identify as having purchased an HD-DVD player. Members of the Best Buy Reward Zone program, customers who purchased Performance Service Plans (PSPs) or who made their purchase on BestBuy.com should look for their gift cards in the mail by May 1. Other customers who may not be easily identified can call (888) BEST BUY to receive their gift cards with proof of purchase through a credit card or their Best Buy receipt.

“The beauty of this offer is that it doesn’t require our customers to give up their HD-DVD player,” said Barry Judge, chief marketing officer for Best Buy. “We know that many people who purchased these players have HD-DVD movies that they would like to continue to watch. We’re telling our customers they can keep their players to play these movies as well as their older DVDs and use the $50 to treat themselves to anything else in our stores.”

Best Buy Press Release

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