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JVC Ceases VHS Player Production

Thursday, November 27, 2008 Leave a Comment

JVC VHS players

The Victor Company of Japan is to immediately stop production of VHS video cassette players.

It's the final company still selling video players, and when existing inventories run out it will signal the end of global sales and the end of an AV era, as VHS finally slips into obsolescence.

The technology, which debuted (the year I was born) in 1976, brought 'cinema' into the home for the first time and signalled an explosion in the popularity of film.

More than 900million VCRs have since been produced globally, with JVC contributing 50million to that sizeable figure. But stats show that with over six million VCRs shipped in 2000, the 2007 sales had plummeted to only 280,000 units.

JVC will continue to produce some hybrid units with a DVD player.

tradingmarkets.com

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