Universal Music backs Sony's Blu-Ray
Universal Music backs Sony's Blu-Ray
Tue Aug 16, 2005 4:18 PM BST
NEW YORK (Reuters) - Universal Music Group, one of the world's largest music companies, on Tuesday said it planned to back Sony Corp.'s (6758.T: Quote, Profile, Research) next generation DVDs, firing another salvo in the next generation media format wars.
Blu-ray, developed by Sony, is challenging rival HD DVD to be the main technology used in new DVDs that delivers sharper pictures and more features. HD DVD was developed by Toshiba.
(6502.T: Quote, Profile, Research)
The backing by Universal Music, whose talent roster includes Elton John, Mariah Carey and U2, is of little surprise. The company is listed as a member of the Blu-ray Disc Association on its Web site.
The battle between Sony and Toshiba draws comparisons to the videotape format wars of the 1970s and 1980s between Sony's Betamax and JVC and Matsushita Electric Industrial Co.'s (6752.T: Quote, Profile, Research) VHS, which curtailed consumer adoption.
Blu-ray is expected to be introduced by Sony in its next video game console, the PlayStation 3 by spring 2006. Devices that run Toshiba's HD DVD are expected to be in stores by this fall.
Universal Pictures, a division of General Electric's (GE.N: Quote, Profile, Research) NBC Universal and unrelated to the music group, is backing HD DVD. http://today.reuters.co.uk/news
Tue Aug 16, 2005 4:18 PM BST
NEW YORK (Reuters) - Universal Music Group, one of the world's largest music companies, on Tuesday said it planned to back Sony Corp.'s (6758.T: Quote, Profile, Research) next generation DVDs, firing another salvo in the next generation media format wars.
Blu-ray, developed by Sony, is challenging rival HD DVD to be the main technology used in new DVDs that delivers sharper pictures and more features. HD DVD was developed by Toshiba.
(6502.T: Quote, Profile, Research)
The backing by Universal Music, whose talent roster includes Elton John, Mariah Carey and U2, is of little surprise. The company is listed as a member of the Blu-ray Disc Association on its Web site.
The battle between Sony and Toshiba draws comparisons to the videotape format wars of the 1970s and 1980s between Sony's Betamax and JVC and Matsushita Electric Industrial Co.'s (6752.T: Quote, Profile, Research) VHS, which curtailed consumer adoption.
Blu-ray is expected to be introduced by Sony in its next video game console, the PlayStation 3 by spring 2006. Devices that run Toshiba's HD DVD are expected to be in stores by this fall.
Universal Pictures, a division of General Electric's (GE.N: Quote, Profile, Research) NBC Universal and unrelated to the music group, is backing HD DVD. http://today.reuters.co.uk/news
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