WASHINGTON, June 7, 2014 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
GOING TO THE TAPE
Profile America - Saturday, June 7th. A home entertainment revolution began on this date in 1975 when the videocassette recorder was introduced. It was Sony's Betamax format recorder, which in a very few years was superseded by the rival VHS format. At its peak, some 9-out-of-10 households across the country had a VCR. Then, the DVD was introduced in 1997 and quickly eclipsed videocassettes. Now, the rising format is the Blu-ray system, allowing video quality to match high-definition television sets. Renting out discs and what's left of videocassettes is the business of over 6,600 shops in the U.S., engaging in a nearly $9.5 billion a year business. You can findcurrent data on the country's economy by downloading the America's Economy mobile app at www.census.gov/mobile.
Sources:
http://www.wired.com/thisdayintech/2011/06/0607betamax-vcr-television-recorder/
http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=BP_2011_00A1&prodType=table NAICS 532230 over 6,600
http://factfinder2.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ECN_2007_US_00A1&prodType=table
Profile America is produced by the Center for New Media and Promotions of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button).
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SOURCE U.S. Census Bureau
