Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Regin Trojan Enables Stealthy Surveillance: Symantec
ASTC Says 100 TB HDDs Coming in 2025
Alienware Alpha PC Gaming Console Now Shipping
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > Optical Storage > CD repl...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, October 16, 2002
CD replacement burns out


Start-up DataPlay, which hoped its 50p coin-sized minidisc would replace the compact disc, has shut down and is looking for a buyer. Todd Oseth, the Boulder, Colorado-based company's senior vice president of business and marketing, confirmed that DataPlay's 120 workers were laid off late last Friday. The workers had been furloughed late last month as the company looked for additional financing. DataPlay, which had raised $120m from supporters including photography giant Eastman Kodak and chipmaker Intel, needed $40m to $50m to complete the next phase of operations.

Oseth said the company was unable to find the funding, and that plans for the new media format are on hold now, as DataPlay's board of directors searches for someone to buy the company. "It's pretty much just the board now," he said.

DataPlay's discs are about the size of a 10p coin, can hold up to 500MB of data -- or 11 hours of music -- and include security features to prevent unauthorised copying of music. Major record labels have supported the format, and DataPlay expected to have discs featuring artists such as Britney Spears and N'Sync on the market by the end of this month. The first products based on the DataPlay format -- a portable music player made by iRiver and blank discs from recordable media specialist Imation -- appeared on the market earlier this year.

Analysts said DataPlay lacked the most essential asset for anyone hoping to popularize a new media format: support from major makers of consumer-electronics equipment. Japanese electronic giant Sony and Dutch conglomerate Philips Electronics were the main proponents of the CD format in the 1970s.

Philips is now working on its own minidisc storage product, based on DVD-recordable Blu-ray technology. The discs are a little more than an inch in diameter and can store up to 1GB of data. Typical CDs, measuring almost 5 inches in diameter, can hold up to 650MB of data. The new Philips drives and media are in prototype stages, but the company plans to use them in portable devices such as digital cameras, handheld computers and cell phones.


Previous
Next
Creative launches Nomad jukebox zen-pocket-sized        All News        Creative launches Nomad jukebox zen-pocket-sized
Creative launches Nomad jukebox zen-pocket-sized     Optical Storage News      Creative launches Nomad jukebox zen-pocket-sized

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
DataPlay Becomes DaTARIUS Again
AudioDev and DaTARIUS Enter Strategic Cooperation
DataPlay Acquires DaTARIUS Technology
LG, DataPlay compete for technical lead in compact optical discs
Major music labels promote new CD format
Santana, Whitney Houston and Avril Lavigne to release albums on DataPlay
Where is DataPlay?
FIRST DATAPLAY-ENABLED DIGITAL CAMERA UNVEILED
Evolution Technologies and MTV unveil the "MTV DataPlay" music player at CES
New recording format to challenge music CDs
InterTrust and DataPlay announce partnership for protecting portable media
Imation to ship DataPlay's tiny discs first

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .