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
Philips Records Symphony Orchestra conducted by Kiril Kondrashin; two albums of symphonic "bon-bons" by the London Symphony Orchestra and Charles Mackerras released as "Kaleidoscope"; "Russian Song Recital" by Galina Vishnevskaya and Mstislav Rostropovich; and Beethoven sonata op. 69 for cello and piano by Richter and Rostropovich. The Richter Liszt album was recorded on 3-track 35mm magnetic film and was reissued on CD from a remaster made from the film by original producer Wilma Cozart Fine, (wife of the late recording pioneer Bob) as part of the Philips Solo series. Classical groups that Philips heavily recorded included the Royal Concertgebouw Orchestra, the Beaux