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The exterior of a video rental store in Austin, Texas (closed in 2020) A display case of DVDs in a former Blockbuster video rental store. A video rental shop/store is a physical retail business that rents home videos such as movies, prerecorded TV shows, video game cartridges/discs and other media content.
The first Blockbuster store opened on October 19, 1985, in Dallas, Texas, with an inventory of 8,000 VHS and 2,000 Beta tapes. [23] [24] [25] The chain's name is derived from the term blockbuster, a Hollywood term for a successful film. Cook's experience with managing huge databases proved helpful in driving innovation within the industry. [3]
On sites like eBay and LoveAntiques, collectible VHS tapes are valued at upwards of nearly $10,000 - depending on the rarity and condition of the tape, of course.
Although VHS has been discontinued in the United States, VHS recorders and blank tapes were still sold at stores in other developed countries prior to digital television transitions. [86] [87] As an acknowledgement of the continued use of VHS, Panasonic announced the world's first dual deck VHS-Blu-ray player in 2009. [88]
Its cartridges, resembling larger versions of the later VHS cassettes, used 3/4-inch (1.9 cm)-wide tape and had a maximum playing time of 60 minutes, later extended to 80 minutes. Sony also introduced two machines (the VP-1100 videocassette player and the VO-1700, also called the VO-1600 video-cassette recorder) to use the new tapes.
In terms of consignment, Heritage Auctions has placed in their "Vintage VHS Tapes Value Guide" that the most desirable VHS tapes released between 1979 and 1990 are still in their original factory shrink wrap. [1] When VCRs were first released in 1977, they were priced between $1,000 to $1,400 which would roughly equal $4,900 to $6,900 in 2023 ...