Netflix has previously offered movies on both HD DVD and Blu-ray discs, but has now announced it will be dropping HD DVD and phasing out its existing stock in that format. This follows announcements that four of the six major studios will not release new titles on HD DVD. However, Universal and Paramount continue to release new titles in that format. The format war between Blu-ray and HD DVD continues, but Netflix's decision is another indication that Blu-ray is gaining ground.