During the early 1980’s when video cassette players became affordable, movie studios originally charged $100.00 per video tape, as these studios believed that the content was worth this price point seeing that a dozen people could watch a movie at home which would cost movie theaters approximately the same amount in lost revenue. Entrepreneurs quickly realized that there was a market pertaining to those who wanted these videos but were unable or unwilling to pay the asking price point, birthing ...
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