Sony, Panasonic Working on Next-Gen Optical Disc

By Daisuke Wakabayashi

Physical media isn?t dead, at least not yet in Japan.

Sony Corp. and Panasonic Corp. said on Monday that they reached an agreement to work together to develop standards for a next-generation optical disc that can hold more than 300 gigabytes of data, or at least six times the capacity of current Blu-ray discs, which store about 50 gigabytes of data. The two companies said they aim to develop the next-generation storage medium by 2015.

The growth of streaming and on-demand download of media has caused a slow and steady decline for the demand of physical media such as compact discs, DVDs and Blu-ray discs, but the two Japanese electronics giants see potential for the discs in large-scale archiving of video.

Read more on Japan Real Time.

Source: http://blogs.wsj.com/digits/2013/07/29/sony-panasonic-working-on-next-gen-optical-disc/?mod=WSJBlog

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