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MGM Purchase Gives Sony An Edge In Disc Format War

Posted by timothy on from the any-color-so-long-as-it's-sony dept.

Grump writes "The New York Times reports: 'The purchase of Metro-Goldwyn-Mayer by a group led by Sony will not only give the company an enormous film library but also considerable power in its fight to set the format for the next generation of digital video discs.' The article goes on to suggest that Sony is gearing up for another Betamax-style failure."

2 of 254 comments (clear)

  1. Re:Bad news by Portigui · · Score: 5, Informative
    Crap like this wouldn't happen under a Democratic President.
    You're right, major mergers would never happen under a Democratic president. In case those four don't fit your build because they are not entertainment driven, try this one.

    These happen regardless of the president in the office at the time.
  2. What bad track record? by tepples · · Score: 5, Informative

    PlayStation. PlayStation 2. Compact Disc itself, co-developed with Philips.

    True, Betamax the format is dead, but Betacam the format and Betamax the copyright precedent live on for now.