LAS VEGAS, January 6, 2016 – Philips today announced that it will begin selling a new premium compact design 4K Ultra HD Blu-ray player this spring. The new player, compatible with 4K Ultra HD discs due out early this year, will support High Dynamic Range (HDR).

The Philips BDP7501 4K Ultra HD Blu-ray player will play back content at four times the resolution of current Blu-ray players for a stunningly detailed image. And with HDR support, content played on an HDR TV, such as any Philips 2016 4K Ultra HD set, will deliver images with startling brightness, contrast and color.

“4K Ultra HD Blu-ray provides consumers with the opportunity to own and enjoy stunning 4K content without the glitches that can occur when streaming large 4K files,” said Karl Bearnarth, executive vice president, sales and marketing, P&F USA, Inc., the exclusive North American licensee for Philips consumer televisions and home video products. “This is a significant step in the transition from HD to 4K Ultra HD, and one that we believe will quicken consumers’ adoption of 4K, especially as they see what the combination of 4K, HDR and Ultra HD Blu-ray’s wide color gamut can achieve.”

The Philips Ultra HD Blu-ray player offers built-in HEVC and VP9 decoders for playing Netflix and YouTube 4K content. It also features 4K upscaling for non-4K sources. For the best possible sound, it offers both Dolby TrueHD and DTS-HD Master Audio.

Connections include HDMI 2.0a and 1.4a output, Wi-Fi 802.11ac, Ethernet and USB Multimedia.

The Philips BDP7501 Ultra HD Blu-ray player will be available in spring 2016 at a suggested retail price of under $399.99 when launched.

About P&F USA, Inc.

P&F USA, Inc. located at Alpharetta, GA is a subsidiary of Funai Electric Co., LTD and is the exclusive licensee for Philips consumer televisions and home video products in North America. Funai Electric Co., Ltd., established in 1961, is headquartered in Osaka, Japan and is listed in the Tokyo Securities Exchange First Section (6839). In addition to the consumer electronic product brands sold by Funai Corporation and the products sold by other Funai sales and marketing companies in Asia, Europe, and South America, Funai Electric Company, Ltd. is a major original equipment manufacturer (OEM) supplier for appliance, consumer electronics, computer, and computer peripheral companies at a global level.