Philips globally, the scale advantages of the Japanese proved insurmountable and Philips withdrew the V2000 system and joined the VHS Coalition. Philips had developed a LaserDisc early on for selling movies, but delayed its commercial launch for fear of cannibalizing its video recorder sales. Later Philips joined with MCA to launch the first commercial LaserDisc standard and players. In 1982, Philips teamed with Sony to launch the Compact Disc; this format evolved into the CD-R, CD-RW, DVD and later Blu-ray, which Philips launched with Sony in 1997 and 2006 respectively. In 1984, the Dutch Philips Group bought out nearly a one-third
Stephen Philips Stephen Philips Stephen Philips is an ambient drone musician who has releases on such major ambient labels as Hypnos, Blue Water Records, Gears of Sand, and his own record label, Dark Duck Records. Philips has been producing and releasing music since 1988 on his own label as well as other indie ambient labels, and also collaborating with many other ambient artists such as Austere, Rigel Orionis, IXOHOXI, Numina, Ben Fleury-Steiner, Isomorph, Palancar, and others. He is also the major contributor to his own Drone Download Project series of online releases which are then put together as CD compilations at the