Short DVD History

During the early 1990s there were two high density optical storage standards in development:

IBM led an effort to unite the various companies behind a single standard to avoid the format war between VHS and Betamax

DVD format was announced in September of 1995. The official DVD specification is maintained by the DVD Forum, formerly the DVD Consortium

Founding members

Hitachi
Matsushita Electric Industrial Co
Mitsubishi Electric Corporation
Pioneer
Royal Philips
Sony
Thomson (RCA, Grass Valley, Technicolor)
Time Warner
Toshiba
Victor Company of Japan (JVC)

Today, membership includes more than 230 companies.