Sony, Toshiba presidents to meet on new DVD format

Posted on Wednesday, May 18, 2005 by MegaZone

The presidents of Japanese electronics giants Sony (6758.T), Toshiba (6502.T) and Matsushita Electric Industrial Co. (6752.T) will meet to try to break a stalemate in talks over a unified format for next-generation DVD technology, a source close to the matter said on Tuesday.

This is high-stakes chicken. I think Toshiba has to know that they’re out-matched if they decide to fight this out, but their recent announcement and all is posturing to get good terms at the negotiating table and to come out of this with some kind of royalties.

About MegaZone

MegaZone is the Editor of Gizmo Lovers and the chief contributor. He's been online since 1989 and active in several generations of 'social media' - mailing lists, USENet groups, web forums, and since 2003, blogging.    MegaZone has a presence on several social platforms: Google+ / Facebook / Twitter / LinkedIn / LiveJournal / Web.    You can also follow Gizmo Lovers on other sites: Blog / Google+ / Facebook / Twitter.
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