Question: Why did Sony Betamax fail?

The same article also argued that Betamax had failed because it had refused to license the format to other firms. While at first Sony kept its Beta technology mostly to itself, JVC, the Japanese inventor of VHS, shared its secret with a raft of other firms.

What came after VHS but before DVD?

LaserDisc was first available on the market in Atlanta, Georgia, on December 11, 1978, two years after the introduction of the VHS VCR, and four years before the introduction of the CD (which is based on laser disc technology).

How much did a VCR cost in 1981?

Bottom Line: If we paid the same price (“time cost”) today for a VCR as in 1981 (187.3 hours at the average hourly wage of $18.74), a VCR today would cost $3,510. Or equivalently, consumers in 1981 actually paid the equivalent of $3,510 in todays dollars.

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