“The comments by Kunio Nakamura are the latest sign that negotiations between officials from Toshiba, which backs a new DVD technology called HD-DVD, and Sony and Matsushita, supporters of a rival format known as Blu-ray, have hit a snag.
The two sides began meeting earlier this year, aiming to avoid a prolonged battle over the format that could discourage consumers from shifting to advanced discs and stifle the industry’s growth.
But both camps are also loath to establish a format based on the other group’s disc structure as they have spent years and enormous amounts of money to develop their respective standards in the hope the industry would adopt them.”
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Source: Reuters