Sony, Toshiba to agree on new DVD format -paper
Mon May 9, 2005 5:25 PM ET
SEATTLE (Reuters) - Japan's Sony Corp. (6758.T: Quote, Profile, Research)
and Toshiba Corp. (6502.T: Quote, Profile, Research) are close to finalizing
a plan to develop a common standard for next-generation DVDs to resolve a
three-year-long battle over formats that threatened the industry's growth, a
Japanese newspaper reported on Monday.
A detailed plan could be unveiled ahead of a key meeting of manufacturers
involved in the manufacture of next-generation DVDs scheduled for May 16,
the Nihon Keizai Shimbun said.
Sony, along with Matsushita Electric Industrial Co. Ltd. (6752.T: Quote,
Profile, Research), maker of Panasonic brand products, had been pushing for
the standard it calls Blu-ray, while Toshiba, with NEC Corp. (6701.T: Quote,
Profile, Research) and Sanyo Electric Co. Ltd. (6764.T: Quote, Profile,
Research), has been promoting a technology called HD DVD.
Both sides have indicated that a new, unified format will use Sony's
technology for recording information onto an optical disk while Toshiba will
supply software that will handle efficient data transfer and copyright
protection.
(Reuters)
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