The Video Home System is a standard for consumer-level use of analog recording on videotape cassettes. It was developed by Victor Company of Japan (JVC) in the 1970s.
From the 1950s magnetic tape video recording became a major contributor to the television industry, via the first commercialized video tape recorders (VTRs). At that time, the devices were used only in expensive professional environments such as television studios and medical imaging (fluoroscopy). In the 1970s videotape entered home use, creating the home video industry and changing the economics of the television and movie businesses. The television industry viewed VCRs as having the power to disrupt their business, while television users viewed the VCR as the means to take control of their hobby. In the 1980s and 1990s, at the peak of VHS's popularity, there were videotape format wars in the home video industry. Two of the formats, VHS and Betamax, received the most media exposure. VHS eventually won the war, succeeding as the dominant home video format throughout the tape media period. (Full article...)