The video recorder brought two new streams of income: from renting and selling video cassettes.
ECONOMIST: The MGM story takes another turn | The
It shows that in 2000 75% of stored information was in an analogue format such as video cassettes, but that by 2007, 94% of it was digital.
BBC: Global data storage calculated at 295 exabytes
After VHS cassettes made it easier for consumers to have their own video libraries, DVDs allowed them to save even more space in their shelves, with greater picture and sound quality, as well as longevity.
FORBES: Forcing Consumers - Kicking and Screaming - Into New Technology
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