Philips Natuurkundig Laboratorium Diepeveen built an error-correcting coder-decoder that was delivered in the summer of 1978. The decoder was included in the CD prototype player that was presented to the international press. To commemorate this breakthrough, Philips received an IEEE Milestone Award on March 6, 2009. This breakthrough was also appreciated by Sony and they started a cooperation with Philips that resulted in June 1980 in a common CD system standard. Philips as a whole took a turn for the worse and by the end of the 1980s bankruptcy seemed a very real possibility. Under research director Kees Bulthuis the position of long-term
Philips Records its classical artists, although classical recordings have also been issued on the regular Philips label. In the US, Philips eventually handled distribution and sales for Philips, Mercury, British Decca (sold under the London label in the US) and Deutsche Grammophon. In 1983, Philips became the first record label to issue compact discs, using digital recordings that had been recorded since 1978. Philips and its subsidiaries eventually re-issued many of its pre-digital stereo and mono recordings on compact disc. Philips and DuPont partnered in four CD manufacturing plants in Hanover, Germany; Blackburn in the UK (formerly the Philips Laservision Disc factory);