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The rise and fall of the digital compact cassette remains a salutary lesson for tech titans—it shows how you can get nearly everything right, and yet still fail badly. Like Britpop, whose 1993-1996 heyday parallels DCC’s short life, the format rose with much hype, a few boasts, and a cheeky advert or two…
…only to fall due to a perfect storm of marketing machinations, tight-fisted PRs, and shiny new rivals.
In one way at least, DCC was a very brave move—in the preceding decade, Dutch conglomerate Philips had successfully launched the billion-selling CD format, plus CD-ROMs, and the beginning of CD-I. Of course, all this had been done in conjunction with Japanese Sony. Yet for its digital cassette venture Philips abruptly decided to abandon Sony and entered a completely new alliance with an up-and-coming Japanese firm: the Kadoma-based Matsushita (the Japanese giant that is now known as Panasonic).
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Source: Ars Technica – Forgotten audio formats: Digital compact cassette