It’s been almost two decades since the DVD arrived, sparking the long, slow decline of video cassette tapes. But the tape era is about to come to a final close.
The last maker of VHS-compatible video cassette recorders, Japanese manufacturer Funai Electric, says its going to stop producing the devices at the end of the month due to declining sales. Sony said it would cease production of video tapes in its Betamax format last year, 13 years after it stopped making compatible recorders.
The video cassette recorder burst onto the scene in the mid-1970s, sparking a major standards battle between Sony’s higher fidelity Betamax format and the lower quality but cheaper Video Home System, or VHS, format developed by JVC. The war raged for several years, as each side tried to convince consumers and Hollywood to favor its format, but by 1980, VHS had captured 80% of the market. Analysis of the battle, and why Sony lost, formed the basis of innumerable business school articles and remains a frequently cited lesson whenever a market has competing technological standards.
http://fortune.com/2016/07/21/last-video-cassette-recorder-maker/