VHS: Say It Ain’t So November 30, 2006
Posted by Steve in : Movies, Technology , add a comment
VHS, long the format of choice for home entertainment, is now all but forgotten, and most retailers are not stocking VHS tapes in the lucrative Christmas selling season. The format had been expected to survive until January, but high-def formats and next-generation videogame consoles hastened its final decline. I spent much of my hard-earned money in the late 80’s and 90’s renting VHS tapes — so I shed a tear at this news. The more interesting point in this news is the velocity fo technological change. While the VHS format lasted for 25 years — it is unclear how long the DVD will last….Wal-Mart, who accounts for a staggering 40% of all DVD’s sold in America, is betting on movie downloads over the internet and is investing heavily to ensure it is a major player. Who thinks we will be playing taps for DVD’s in the next 5 years? (more…)
