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Philips and Sony announced the “Red book” compact disc standard, which defines the audio CD.
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The first CD player CDP-101 is released in SONY in Japan he world a commercial, has opened the prelude of digital audio revolution.
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Work on standardising the emerging Digital Versatile Disc (DVD) had begun. DVD introduced by Philips and SONY companies.
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The Super Audio CD format is introduced. Although it allows higher quality audio, more audio channels, and longer playing time than a standard CD, it fails in the market due to consumer interest in downloadable music.
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The digital revolution for music and film record, HMV is going to bankrupt, digital download getting more and more popular.