In 1963, Philips announces compact cassettes with magnetic tape. Although there were other magnetic tape cartridge systems, Philips' Compact Cassette became dominant as a result of Philips' decision in the face of pressure from Sony to license the format free of charge.
Hans-Joachim Braun, Music and technology in the twentieth century. JHU Press, 2002, p.161.
With this action Sony avoided the battle of formats and a mistake made by record companies in the 40's, when they spent 10 years to officially set an LP record as a standard for industry. It's funny though, that 50 years later, Sony would intentionally go into a battle of formats between BluRay discs and HD-DVD discs.
Hans-Joachim Braun, Music and technology in the twentieth century. JHU Press, 2002, p.161.
With this action Sony avoided the battle of formats and a mistake made by record companies in the 40's, when they spent 10 years to officially set an LP record as a standard for industry. It's funny though, that 50 years later, Sony would intentionally go into a battle of formats between BluRay discs and HD-DVD discs.
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