Philips Video 2000
Video 2000 took too long to develop, suffered from high production costs
Toshiba HD DVD
Toshiba failed to get enough support from the major film studios and retailers and lost almost 1 billion dollars.
Sony Betamax
This classic story demonstrates that technical excellence and being first to market is not enough.
Sony Minidisc
This digital audio format worked just like a CD - only it was smaller and more convenient.