Philips Consumer Lifestyle created for Laserdisc would later be used again for the Compact Disc. Although Philips' and MCA's Laserdisc project never reached the VHS mass market level, Philips still thought the format should be able to succeed, and, in collaboration with Sony, launched the smaller CD in 1982. The DVD (Digital Versatile Disc or Digital Video Disc), the eventual successor of the CD (Compact Disc), met a long road of setbacks. Philips wanted to continue with the CD in a new format called "MultiMedia Compact Disc" (MMCD), while another group (led by Toshiba) was developing a competing format, then named "Super Density"
Herbert Philips Herbert Philips Herbert Philips of Sutton Oaks, Macclesfield, Cheshire was a philanthropist and justice of the peace. Herbert Philips was the great grandson of Nathaniel Philips, who co founded, with his elder brother John, a tape manufacturing business in the mid-eighteenth century that became J. and N. Philips and Co. This company became one of Manchester’s leading commercial enterprises, specialising in the weaving of narrow tape. By the mid-nineteenth century the extended Philips family held properties and businesses throughout Lancashire, Cheshire and Staffordshire along with the family seats in Heybridge and Heath House, Staffordshire. Herbert was the third son and