Quote
The nine companies promoting Blu-ray Disc technology--a next-generation recordable DVD format using blue-violet lasers--announced Thursday that licensing will begin Feb. 17. Blu-ray Disc technology allows for 27GB storage capacities on a single-sided 12cm disc. DVDs hold 4.7GB of data. Hitachi, LG Electronics, Matsushita Electric Industrial, Pioneer, Royal Philips Electronics, Samsung Electronics, Sharp, Sony and Thomson are known as the "Blu-ray Disc Founders" and have been pursuing a broad acceptance of the format.