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Why are there three overwrite standards (DVD-RAM, DVD-RW, DVD+RW)?

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Why are there three overwrite standards (DVD-RAM, DVD-RW, DVD+RW)?

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The DVD-RAM/+RW standard was developed as a convergence medium to meet the requirements of the computing, AV, and entertainment industries. Recently the designation DVD+RW was to be modified to DVD-RW. DVD-RW was developed initially to meet the “work in progress” needs of the content developers and various streaming data applications. DVD-RAM Random access read/write, just as with a hard drive.

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