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History of the VHS Video Tape format
It was 1971 when engineers from JVC first conceived the idea for a consumer-based VTR, and by the end of that year they had created a diagram titled "VHS Development Matrix". However by 1972 Japan's commercial video industry had taken a financial hit, with JVC slashing its budget and in turn shelved the VHS project. Yuma Shiraishi and Shizuo Takano the head engineers of the project however secretly continued to develop the format and by 1973 has made a fully functioning prototype.
Around the time of coarse, Sony was developing a different format called Betamax, which was launched to the consumer market in 1975. JVC was behind in the market when they finally released the first VHS machines in Japan in late 1976, and then in the United States in 1977. But although the quality of VHS wasn't quite as good as Betamax, it did one huge advantage, and that was a recording time of 2 hours on the one tape. A often bitter was between the two competing formats continued throughout the late 70's and 1980's with VHS the eventual winner