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
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