Super Video CD Technology. High-Quality Video CD (HQ-VCD), developed by the Video CD Consortium (consisting of Philips, Sony, Matsushita and JVC — creators of the original Video CD specification) was a relatively late entry. The Chinese Ministry of Information and the Video CD Consortium agreed to join forces, incorporating the features of HQ-VCD under a unified SVCD format. But by the time the SVCD specification was ready in July 1998, CVD had already been adopted by major manufacturers and had quickly established a significant installed base of about 600,000 players. This prompted the Chinese government to force a compromise between the competing standards
Philips Classics Records Parent Universal Music merged the label into Decca Records. The name Philips Classics still exists but appears on no new recordings, and the Philips Classics Internet presence is within Decca's website. Philips Classics Records Philips Classics Records was started in the 1980s as the new classics record label for Philips Records. It was successful with artists including Alfred Brendel, Sir John Eliot Gardiner, Sir Neville Marriner and the Academy of St. Martin in the Fields, Mitsuko Uchida, Julian Lloyd Webber, Sir Colin Davis and André Rieu. A notable product released under the label is the 180-CD "The Complete Mozart Edition",