After yesterday's announcement that Microsoft was pulling their HD DVD drives, today's news should be no shock. According to Bloomberg, Microsoft is dropping the price of its HD DVD add-on's to just $49.

"From tomorrow, we will cut the price to $49," said Grace Chou, a Taipei-based spokeswoman for the Redmond, Washington-based company. Microsoft's Xbox 360 game console includes a standard DVD player, but the HD DVD add-on was available for as much as $119.99, before the announcement.

Chou also downplayed the importance of this supplement, stating, "It will not have a big impact because we don't sell HD DVD with the Xbox 360, only as an add on."

Cinemark Movie Club