The second media standards war
The Betamax vs VHS war of our generation is over, with Toshiba bowing out of the race. With HD DVD now effectively obsolete, Sony’s Blu-ray is free to cover the field. Regardless of who turned out to be the loser, I can’t say that I would have felt much sympathy for them. You’d think the industry would’ve learnt from its past mistakes instead of plunging headlong into another winner-take-all hundreds of millions of dollars bet. At least we consumers can now rest easy and only worry about one standard.