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
John Leigh Philips Philips himself became involved in the textile industry. For a time he was in business with his brother Francis, who outlived him, dying in 1850. As a young man Philips frequented the "Roscoe Circle" in Liverpool—the intellectual group around William Roscoe—meeting there William Paulet Carey, James Currie and Daniel Daulby. In late 1803 Philips was granted command of the First Regiment of the Manchester and Salford Corps, a volunteer militia which served as part of Britain's Home Guard during the French Revolutionary Wars. His brother Francis was appointed to a subordinate role in the same Corps alongside three of his