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"
CD-R the cost of typical recorders was down to $10,000–12,000, and in September 1995, Hewlett-Packard introduced its model 4020i manufactured by Philips, which, at $995, was the first recorder to cost less than $1000. The dye materials developed by Taiyo Yuden made it possible for CD-R discs to be compatible with Audio CD and CD-ROM discs. Initially, in the United States, there was a market separation between "music" CD-Rs and "data" CD-Rs, the former being several times more expensive than the latter due to industry copyright arrangements with the RIAA. Physically, there is no difference between the discs save for the