DVD2 is on it's way, and Sony bought it out
DVD2 (aka BluRay) is on it's way, and Sony bought it out
Well it seems sony is up to their old dirty tricks. For those who don't know they developed their own DVD2 format BluRay and other companies developed another one. So instead of competing, Sony just buys out the company that owns the competing standard, MGM.
Overall I'm happy about this, as it would cemplicate the market if two different DVD successor standards came out. Heck, just look how complicated the whole DVD+r/DVD-r is when it comes to deciding which burner to buy, what discs to buy, etc.
Hopefully Sony will play nice and not get greedy about it, I'll have to cross my fingers on this one.
There is a part of me that is worried, as people in their late 20s/early 30s probably know that it was Sony who destroyed their BetaMax standard, which was superior to VHS. Hopefully they'll remember their past mistakes and we'll have a DVD2 standard that actually get's accepted.
Full Story: http://www.cdfreaks.com/news/10505?t=1095351163