Japan's Sony Corp. and Toshiba Corp. 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 Monday
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.
News source: Reuters
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.
News source: Reuters
News Break: Toshiba DENIES Blu Ray Compromise
EDIT: Crap...
Toshiba, a major backer of the HD-DVD next generation format, acknowledged that, under the belief that a single format would most benefit customers, negotiations are still under way with Matsu****a and Sony, Blu-ray's primary backers, but denied that a settlement has been reached. In addition, the company revealed plans to show off the current HD-DVD format at the Media Tech Expo, set to kick off in Las Vegas on 5/11.
Sony offered a similar denial, stating that while a single format is ideal, there have been no major advancements since negotiations were first announced on April 21. "The only true aspect of this report is that Sony, Matsu****a and Toshiba are currently engaged in negotiations," a Sony representative stated.
The Nihon Keizai Shimbun has had breaking news stories denied and then proven correct many times before. Is this a case of Toshiba and Sony trying to take control of a bit of hot information that leaked out ahead of schedule, or have there truly been no advancements in negotiations for a single format next generation DVD? We expect more details to surface shortly (and be subsequently denied).
LOL at the swear filter
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