Quote:
Originally Posted by mbyron
You mean replaced by an inferior but more widely marketed technology? I don't think so.  |
That was Sony's blunder.
Sony was greedy and didn't license the Betamax technology to others where JVC licensed VHS technology to anyone that wanted it. And those many VHS manufacturers, being in competition with each other, proceeded to price it substantially lower then Betamax. (Also VHS technology was less complicated and cheaper to make).
Holding a technology to yourself only works when no one else is able to make something similar....even if slightly inferior.
Sony's other blunder was that the early tapes were not long enough to hold a typical movie.