Wow! Welsh music compact disk manufacturer Nimbus Technology & Engineering Ltd announced that it had developed compression technology so powerful that it can squeeze a full-length feature film – up to two and a quarter hours – onto a standard 4.7 compact disk that would cost no more than standard CDs could be played on most televisions sets using a UKP100 decoder and a standard audio compact disk player; Nimbus, a victim of the Robert Maxwell fraud, is now 75%-owned by the New York-based DLJ Merchant Banking subsidiary of Donaldson, Lufkin & Jenrette; it hopes to have a prototype recordable video CD ready within the year.
