A consortium of European, Japanese and US companies has agreed on a worldwide format for DVD-RAM, the rewriteable version of Digital Video Disk.
The group, which includes Toshiba, Sony and Philips, will make details of the guidelines available later this month.
DVD rewriteable disks will allow users to rewrite data many times, providing functions and applications similar to todayf 's floppy disk or MO (magneto-optical) disks. They will have a storage capacity of 2.6Gb or more per single side.
In order to use the disks, users will need to have a DVD-RAM (rewriteable) drive connected to their PC. Although many of the consortium's members have said they will launch DVD-RAM drives later this year, Toshiba, which heads the consortium, said it will not be launching its first DVD-RAM drives until March 1998.
Negotiations between the 10 members of the consortium have been underway for two years but broke down when two formats emerged instead of one.
This agreement on guidelines is expected to be a compromise between the two.
According to reports Toshiba had threatened to go ahead with the format alone if an agreement had not been reached. This could have developed into a split in formats similar to that between VHS and Betamax when video was launched.
A format for audio uses of DVDs still remains to be decided.
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago