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"
Philips (family) was the addressee of many of her cousin Karl Marx's letters (e.g.) and later, a member of the Dutch section of the International. Lion's son Frederik Philips was a merchant banker who financed the setting up of the Philips lighting company which was run by his son Gerard Philips. After a few years Gerard was joined by his younger brother Anton Philips who revolutionised the fortunes of the company. Anton was succeeded by his son-in-law Frans Otten who was married to Anton's eldest daughter. During the war Anton fled to England in a company armoured payroll van along with Princess