Philips CD-i 1984 and it was first publicly announced in 1986. The first Philips CD-i player, released in 1991 and initially priced around US$1,000, was capable of playing interactive CD-i discs, Audio CDs, CD+G (CD+Graphics), Karaoke CDs, Photo CDs and Video CDs (VCDs), though the latter required an optional "Digital Video Card" to provide MPEG-1 decoding. Philips also licensed the CD-i format to other manufacturers for use, and there were also CD-i players by Sony under the "Intelligent Discman" brand. Philips marketed the CD-i as a "home entertainment system" in Europe, but more as a games and educational machine in the U.S.
Philips Consumer Lifestyle experimentally manufactured in 1925. In 1927, Philips began producing radios. Only five years later, Philips had sold one million of them. One other major product release came in 1963, when the Compact Cassette was introduced. After Philips Consumer Electronics acquired companies as Magnavox and Sylvania in the late 1970s, Philips managed to sell their 100-millionth TV-set in 1984. Philips still is the European television market leader, as well as the third in the world. Because of the enormous growth, Philips decided to split up their company divisions during the 1990s. While Philips CE contains most of the Consumer Electronics, other