January 22, 2014

HISTORY: Rewinding to Betamax: The path to consumers’ “right to record.” “In the wake of the Betamax decision, ‘a lot of people in Congress felt lied to,’ said Shapiro. The thriving, legal video recorder industry did nothing visible to hamper Hollywood, which was soon making more money selling videos than it did at theater box offices. ‘The VCR turned out to be great for Hollywood. But those members of Congress are mostly gone, and you have to educate a whole new set of politicians,’ Shapiro said.”