Financial Times FT.com

Sony suffers setback in DVD format war

By Michiyo Nakamoto in Tokyo and Scott Morrison in San Francisco

Published: November 29 2004 12:22 | Last updated: November 29 2004 20:14

Sony has suffered a big setback in its bid to set the standard for next-generation DVDs after four Hollywood studios announced they would back a rival technology advocated by Toshiba.

The stakes are high for Sony, which is determined not to repeat its setback in the battle to set the standard for video cassette recorders decades ago, when its Betamax was defeated by JVC's VHS format even though many agreed its technology was superior.

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