History
Prior to the advent of home video as a popular medium in the late 1970s, most feature films were inaccessible after their theatrical runs for the general public. They were only viewable in theatrical re-releases, revival houses and television broadcasts. Super8 versions (often heavily edited) of some of the more popular theatrical features were sold at high prices since the late 1960s (see section Packaged movies at Super 8 mm film).
The first company to duplicate and distribute home video was Magnetic Video, established as an audio and video duplication service for professional audio and television corporations in Farmington Hills, Michigan, USA, in 1968. Although Avco's 1972 Cartrivision system preceded Magnetic Vision's expansion into home video by a few years, it took until the late 1970s that VHS and Betamax became widely available for home use. Major United States players in the video rental business today include Netflix.
Read more about this topic: Home Video
Famous quotes containing the word history:
“History is more or less bunk. It’s tradition. We don’t want tradition. We want to live in the present and the only history that is worth a tinker’s damn is the history we make today.”
—Henry Ford (1863–1947)
“My good friends, this is the second time in our history that there has come back from Germany to Downing Street peace with honour. I believe it is peace for our time. We thank you from the bottom of our hearts. And now I recommend you to go home and sleep quietly in your beds.”
—Neville Chamberlain (1869–1940)
“There is a constant in the average American imagination and taste, for which the past must be preserved and celebrated in full-scale authentic copy; a philosophy of immortality as duplication. It dominates the relation with the self, with the past, not infrequently with the present, always with History and, even, with the European tradition.”
—Umberto Eco (b. 1932)