Toshiba Admits Defeat and Will Launch Blu-Ray Player

Toshiba, the creator Blu-Ray’s failed nemesis, the HD-DVD, has admitted defeat in the best way they can: They are going to launch a Blu-Ray player.

Toshiba's first Blu-Ray player should be launched sometime around Christmas "sources" say it'll be called the BD-18. We don't yet know anything else about the player.