Netflix announced Monday that it will stock only Blu-ray discs and will soon be dropping the HD-DVD format. Netflix have offered both formats since they hit the streets in early 2006.

“We’re now at the point where the industry can pursue the migration to a single format, bring clarity to the consumer and accelerate the adoption of high-def,” Ted Sarandos, cheif content officer for Netflix said.

Netflix made this decision because of 4 of the 6 major movie studios using Blu-ray exclusively.

Currently the only major movie studios to be sticking with HD-DVD are Paramount and Universal, and we have all heard the rumors of those two jumping ship.

Netflix isn’t going to be taking away the discs that they currently have in stock, Netflix will continue to offer those discs until the natural life cycle of the discs come to an end.