Hello.
The VHS (Video Home System) video cassette recorder was introduced in
1976 by JVC.
http://www.tapeworld.com/vhs_tape.htm
Here is the annual growth of the U.S. ticket revenues for theatrical
release motion pictures since 1976:
year us ticket growth
revenues
(billions) %
1976 $2,036 -3.7
1977 $2,372 16.5
1978 $2,643 11.4
1979 $2,821 6.7
1980 $2,749 -2.6
1981 $2,966 7.9
1982 $3,453 16.4
1983 $3,766 9.1
1984 $4,031 7.0
1985 $3,749 -7.0
1986 $3,778 0.8
1987 $4,253 12.6
1988 $4,458 4.8
1989 $5,033 12.9
1990 $5,022 -0.2
1991 $4,803 -4.4
1992 $4,871 1.4
1993 $5,154 5.8
1994 $5,396 4.7
1995 $5,494 1.8
1996 $5,912 7.6
1997 $6,366 7.6
1998 $6,949 9.2
1999 $7,448 7.2
2000 $7,661 2.9
2001 $8,413 9.8
2002 $9,270 10.2
2003 $9,186 -0.9
Average annual growth since 1976: 5.5%
source: USA Today
http://www.usatoday.com/life/box-office-table.htm
2003 figure from BoxOfficeMojo.com
http://www.boxofficemojo.com/yearly/
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search strategy:
vhs "video home system" introduced
vhs "video home system" 1976
"box office" 1981 1983 1990 1997
1981 "$2,966"
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