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
Philips CD-i Philips CD-i The Philips CD-i (an abbreviation of Compact Disc Interactive) is an interactive multimedia CD player developed and marketed by Dutch company Philips, who supported it from December 1991 to late 1998. It was created to provide more functionality than an audio CD player or game console, but at a lower price than a personal computer with a CD-ROM drive. The cost savings were due to the lack of a floppy drive, keyboard, mouse, and monitor (a standard television is used), and less operating system software. "CD-i" also refers to the multimedia Compact Disc standard used by the CD-i