The battle for the future has begun.
There is a major battle going on in the technology industry. On one side, we have companies like Sony and Philips siding with movie studios like Fox and Disney. On the other, NEC and Toshiba have joined forces with Warner Home Video.
The battle is about the future for DVD technology. Basically there are two competing technologies - Blu-Ray, backed by the Sony side of the argument, and HD DVD backed by the others. Both offer massive increases on storage volume - approximately five times the size of current DVDs in the former case.