Sony and Philips announced Compact Disc

Sony and Philips collaborated to create a new standard for digital audio storage, leading to the announcement of the Compact Disc (CD). This partnership was rooted in earlier developments, as Sony had already demonstrated an optical digital audio disc. The collaboration aimed to establish a universal format that would enhance audio quality and accessibility. The Compact Disc was designed to hold more data than previous formats, allowing for longer playtimes and improved sound fidelity. The introduction of the CD marked a pivotal shift in the music industry, as it provided a more durable and convenient alternative to vinyl records and cassette tapes. Following the announcement, the CD quickly gained popularity among consumers, leading to a significant transformation in how music was distributed and consumed. The launch of portable CD players, such as Sony's Discman, further propelled the format into the mainstream, allowing users to enjoy high-quality audio on the go. This innovation not only changed the landscape of personal music consumption but also influenced the production and distribution of music, as artists and record labels adapted to the new technology. The CD became a dominant format for music sales, with billions of units sold worldwide, fundamentally altering the music industry and paving the way for future digital formats.