Definition of terms:
[li]NTSC: National Television System Committee, a US committee of businesses and engineers originally created to decide on black and white TV standards.[/li][li]PAL: Phase Alternate by Line.[/li][li]SECAM: SEquential Color And Memory.[/li][/ul]
So, my question is simple: In this day of globalization, is there an advantage to having one standard instead of three mutually incompatable standards? Will two groups of nations be bound to a ‘Betamax’ (bad example, I know, but it gets the point across) and have to fundamentally retool their video systems? Will all three, once a substantially new system is introduced? Does HDTV count as a new standard on the level of an NTSC or a SECAM?