Hollywood was blindsided by Video Tape

In 1976 Universal and Disney sued Sony over the VCR, alleging that it allowed consumers to violate copyright by making unauthorized copies of TV shows and movies. In January 1984 that the US Supreme Court ruled five to four in favor of Sony. In 2001, over 70 per cent of Hollywood studio revenues come from rentals - which until recently were primarily from VHS cassettes for individuals to what at home!