In Sony's Stumble, the Ghost of Betamax - New York Times: "The possible delay and the Blu-ray group's loss of its once-commanding lead are not encouraging developments for Sony in its attempt to revive its electronics group after a series of bungles. PlayStation 3 is crucial to Sony's future, and not only because the latest version of its gaming consoles could generate billions in revenue; the new machines will include disc drives that will turn them into Blu-ray DVD players as well.
'The PlayStation is more than a game system to them; it's one of their attempts to own the digital living room,' said Robert Heiblim, a consultant to electronics companies. 'Blu-ray is also critically important to get right. They don't want to be weak in an area they feel they can dominate.' "