Magnetic Video facts for kids
Magnetic Video Corporation was a very important company that started in 1968. It was founded by a person named Andre Blay in Farmington Hills, Michigan. This company was a pioneer in the world of home video, which means they were one of the first to let people watch movies at home!
Before Magnetic Video, if you wanted to watch a movie, you usually had to go to a movie theater. But in 1976, Magnetic Video Corporation changed everything. They were the very first company to sell popular movies that people could watch on their own VCRs at home. This was a huge step for entertainment!
How Home Video Began
Imagine a time when you couldn't just stream a movie or buy a DVD. That's how it was before companies like Magnetic Video came along. Andre Blay had the idea to make movies available for people to own and watch whenever they wanted. This was a big deal because it meant you didn't have to wait for a movie to show up on TV or go to the cinema.
Magnetic Video started by making copies of movies and selling them. This was a new and exciting way for families to enjoy films together in their own living rooms.
Becoming Part of Fox
Magnetic Video Corporation did so well that a much larger company became interested. In 1979, the famous movie studio Fox bought Magnetic Video from Andre Blay.
After the purchase, Fox changed the company's name. In 1982, it became known as "20th Century-Fox Video". Over the years, the name changed again, and today it is known as "20th Century Fox Home Entertainment". This shows how Magnetic Video's early work helped create the home video industry we know today, allowing us to watch movies and TV shows at home easily.
