Update : Sony And Panasonic Sign Basic Agreement To Jointly Develop Standard For Professional - Use Next - Generation Optical Discs

Update : Sony and Panasonic sign basic agreement to jointly develop standard for professional-use next-generation optical discsSony and Panasonic have teamed up to develop a "next-generation standard for professional-use optical discs," saying that a 300GB flavor could be ready in two years or so. Though geared towards industries like cloud storage and digital cinema at first, the tech could eventually trickle down to consumers, too.

The two companies hope to make their new 300GB disc available by the end of 2015.