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
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