Panasonic, Philips and Sony get together to make Blu-ray Disc licensing simpler - and cheaper - for manufacturers

Blu-ray Disc

It's hoped the simplified - and less expensive - process will encourage more companies to develop BD products, and the 'big three' will be working with other patent holders to set up the programme.

The new independent licensing company, funded equally by the three majors, will be set up in the USA, with branches in Asia, Europe and Latin America.

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