P3rv3rt B3ar, we are both right... Philips and Sony worked on this together. Here is an excerpt of the history of the CD...
"The compact disc is a successful spin-off of the much less successful Laserdisc technology. In 1979, Sony and Philips Consumer Electronics set up a joint task force of engineers to design a new digital audio disc. The task force, led by prominent members Kees Immink and Toshitada Doi, progressed the research into laser technology and optical discs that had been started by Philips in 1977.[2] After a year of experimentation and discussion, the taskforce produced the Red Book, the Compact Disc standard. Philips contributed the general manufacturing process, based on video LaserDisc technology. Philips also contributed Eight-to-Fourteen Modulation (EFM), which offers both a long playing time and a high resilience against disc defects such as scratches and fingerprints, while Sony contributed the error-correction method, CIRC. The Compact Disc Story,[3] told by a former member of the taskforce, gives background information on the many technical decisions made, including the choice of the sampling frequency, playing time, and disc diameter. According to Philips, the Compact Disc was thus "invented collectively by a large group of people working as a team."[4]
The first Compact Disc for commercial release rolled off the assembly line on August 17, 1982, at a Philips factory in Langenhagen, near Hanover, Germany. The first title released was ABBA's The Visitors (1981).[5] CDs and Sony's CD player CDP-101 reached the market on October 1, 1982 in Japan, and early the following year in the United States and other markets. This event is often seen as the "Big Bang" of the digital audio revolution. The new audio disc was enthusiastically received, especially in the early-adopting classical music and audiophile communities and its handling quality received particular praise. As the price of players sank rapidly, the CD began to gain popularity in the larger popular and rock music markets. The first artist to sell a million copies on CD was Dire Straits, with their 1985 album Brothers in Arms.[6]
The CD was originally thought of as an evolution of the gramophone record, rather than primarily as a data storage medium. Only later did the concept of an "audio file" arise, and the generalising of this to any data file. From its origins as a music format, Compact Disc has grown to encompass other applications. In June 1985, the CD-ROM (read-only memory) and, in 1990, CD-Recordable were introduced, also developed by Sony and Philips."
And the inventor of the Compact Disc is a guy named James Russell:
Here is a link to his contribution.
http://inventors.about.com/gi/dynamic/o ... ssell.htmlI also have to agree with you with Philips bringing their own "great ideas / not so great products" onto the market. It's almost like Xerox who were the first to have a colour computer monitor and the mouse, but thought that there were no market for them... What's worse; having a great idea and a lousy product, or, having a great product and no way to bring it to market...