Matsushita insists Toshiba yield on DVD format

The president of Matsushita said on Thursday it is up to Toshiba to yield its position in talks on a unified format for next-generation DVD technology, making clear that Matsushita and its partner Sony won't budge.

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.

Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.