Philips Electronics NV, Sony Corp, Matsushita Electric Industrial Co Ltd and Victor Co of Japan Ltd agreed to establish a digital full motion video format, Video CD, based on the Karaoke CD standard: the standard is based on MPEG-1 digital full motion video, which is already established in the Karaoke market, and enables 74 minutes of high quality video and CD-quality audio to be played from a compact disk – far less than the system developed by Nimbus Technology Ltd here, which can store a two and a quarter hour movie on a 5.7 compact disk; the Video CD format will be used not only for Karaoke products, but also be supported by publishers of movies, music videos and educational and training programmes; JVC is offering test disks and Philips is the supplier of the application, validation and verifier test software; a number of companies are already manufacturing decoder chips and real-time encoding chips will be available soon.