Toshiba is the first manufacturer to announce a DVD player based on the HD-DVD formatted disc standard, which offers significantly more storage capacity than today's DVD standard. The HD-DVD standard was developed by the DVD forum, which represents over 230 consumer electronics, information technology and content companies. Capabilities enabled by the new standard include higher resolution video and audio available on a suite of disc capacities adaptable for longer and shorter programs, as well as advanced navigation tools, web connectivity and new consumer options.