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Companies Agree on DVD Format

The plan is to produce DVD players that can accomodate movie, music, and computer DVD discs as well as existing CDs, and CD-ROMs. The new discs are similar to compact discs and can store 133 minutes per side of video or the equivalent of eight CDs of music. Company officials say DVD players will go on sale in the United States in the second half of 1996. Prices are expected to be in the $500 range.

The nine companies who met this week are Toshiba, Matsushita, Sony, Philips Electronics, Time Warner Video, Pioneer, Hitachi, Mitsubishi, and JVC.

For more information about DVDs, check out the DVD Home Page and the Interactive Multimedia Association Web site.