Magnetic Video

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Magnetic Video logo Magnetic Video was a home video/home audio duplication service established by Andre Blay in 1968 and based in Farmington Hills, Michigan. In 1977 it became the first corporation to release theatrical motion pictures onto Betamax and VHS videocassette for consumer use. (Cartridge Television, Inc. preceded it in 1972 when it introduced the Avco Cartrivision home VCR with a line of major motion pictures available for rent on the Cartrivision videocassette format. Cartrivision went off the market thirteen months after its debut.) Magnetic Video is notable for its contribution to the birth of the modern-day home video empire and the birth of video rental systems. In the fall of 1977, Blay came up with the idea to release pre-recorded motion pictures on videocassette. That year, he convinced Twentieth Century Fox, which was then in financial difficulty, to license fifty of their films for home video release in VHS and Betamax formats. Blay also established the Video Club of America in order to sell the titles directly to consumers by mail. That same year, George Atkinson bought one Betamax and one VHS copy of each of the first 50 movie titles from Magnetic Video that were then being sold to the public and established the Video Station rental company from a storefront in Los Angeles. He charged $50 for an "annual membership" and $100 for a "lifetime membership," which provided the opportunity to rent the videos for $10 a day. This and similar video stores were a success, and Magnetic Video took off, later adding titles from United Artists (including pre-1950 Warner Bros. classics which were owned by UA at that time), ABC Pictures, ITC (Magnetic's first release from ITC was The Muppet Movie), Avco-Embassy Pictures and Viacom in addition to the original titles from Fox. The Magnetic Video project was such a success that it soon came over to the United Kingdom as "Magnetic Video UK" in 1978. Not long after, Australia also obtained Magnetic Video's VHSs; there, it was called "Magnetic Video Australia". In 1979, Fox purchased Magnetic Video, which was a small OTC traded public company (Blay was a major shareholder and Chairman). In 1982, shortly after Blay's departure from the company, Fox reorganized Magnetic Video into 20th Century Fox Video. Around the same time, Magnetic Video began to issue films in laserdisc format.

Later that year, Fox merged its video operations with CBS Video Enterprises, resulting in the creation of CBS/Fox Video in mid 1982.

Rights to their library

20th Century Fox films 20th Century Fox Home Entertainment United Artists films MGM Home Entertainment/20th Century Fox Home Entertainment a.a.p./UA-owned Warner Bros. films Warner Home Video American Broadcasting Company films Walt Disney Studios Home Entertainment ITC Entertainment films Lions Gate Home Entertainment and Universal Studios Home Entertainment (under license from ITV Global Entertainment) Associated Film Distribution films The Weinstein Company Avco Embassy films MGM Home Entertainment/20th Century Fox Home Entertainment (under license from StudioCanal) Viacom films Paramount Home Entertainment The Muppet Movie Walt Disney Studios Home Entertainment

External links

Magnetic Video at the Internet Movie Database

News Corporation

Rupert Murdoch (CEO and Chairman) Jos Mara Aznar Natalie Bancroft Peter L. Barnes Jim Breyer Chase Carey David DeVoe Elaine Chao Rod Eddington Joel Klein James Murdoch Lachlan Murdoch lvaro Uribe Viet Dinh Arthur Siskind (Emeritus)

Corporate directors

Stanley Shuman (Emeritus)

Dow Jones & Company

All Things Digital Barron's Financial News FINS.com MarketWatch.com

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BigCharts VSE

National consumer products

SmartMoney Vedomosti The Wall Street Journal The Wall Street Journal Asia The Wall Street Journal Europe Wall Street Journal Radio Network WSJ.

Ashland Daily Tidings The Barnstable Patriot Cape Cod Times The Inquirer and Mirror Mail Tribune Pocono Record The Portsmouth Herald The Record The Standard-Times Times Herald-Record Hathaway Publishing Seacoast Media Group

Dow Jones Local Media Group

Factiva Dow Jones Newswires Dow Jones Indexes (10%)

Enterprise products

Fox Entertainment Group

20th Century Fox 20th Century Fox Animation 20th Century Fox Home Entertainment 20th Century Fox Television 20th Television Fox 21 Fox Star Studios Blue Sky Studios Fox Faith Fox Searchlight Pictures Fox Studios Australia Fox Television Studios Fox Music Shine Group
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Fox Filmed Entertainment

Bossa Studios ChannelFlip Dragonfly Friday TV Kudos Metronome Film & Television Princess Productions Shine America Shine Limited

Fox Broadcasting Company

MyNetworkTV

Fox Kids (19902002)

WNYW WWOR-TV KTTV KCOP-TV WFLD WPWR-TV WTXF-TV KDFW KDFI WFXT WAGA-TV WTTG WDCA KTXH KRIV WJBK KSAZ-TV KUTP WTVT KMSP-TV WFTC WOFL WRBW WUTB KTBC WHBQ-TV WOGX

Fox Television Stations

Fox Cable Networks

FX

Fox Movie Channel Fox Sports Networks Fox Soccer Fox Soccer Plus Speed Fuel TV Fox College Sports

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Fox News Network

Fox
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Asia

including China Taiwan Macau Hong Kong Mongolia Oceania Philippines Papua New Guinea Southeast Asia

Fox International Channels

Bulgaria

including Bulgaria Romania Moldova

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Finland Germany Greece and Cyprus

India

including India Nepal Sri Lanka Bhutan Maldives Bangladesh

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Italy and Malta Latin America Middle East

including Iran Egypt Israel

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Norway Poland Portugal Russia Serbia Spain and Andorra Turkey UK and Ireland

Fox Life
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Flanders Greece Italy Netherlands

FX
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Asia Australia Canada Latin America

Portugal

Fox Crime
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Asia Italy

Fox Movies
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Middle East Portugal

Fox Filipino11 Fox Retro Fox Sports

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Australia Fox Sports News Australia Fox Footy Brazil Asia

Philippines

BabyTV Channel M6 24Kitchen Eredivisie Live18 Utilisima Speed Fox Action Movies Fox Family Movies Fox Movies Premium Fox Traveller Cult Viajar (Spain) BemSimples Fox Entertainment Voyage

MundoFox3

National Geographic International Channels (52%)4

National Geographic Channel

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Asia Germany Greece Netherlands Scandinavia5 UK5

Nat Geo Wild4

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Canada Europe

Nat Geo Mundo4 National Geographic Adventure Nat Geo Music STAR TV

StarWorld
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India Philippines

STAR Movies ESPN STAR Sports (50%)12

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ESPN Asia ESPNews Asia ESPNews India STAR Sports STAR Cricket

STAR Plus
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UK

Life OK

Movies OK STAR Utsav STAR Gold STAR Vijay (81%) STAR Jalsha STAR Pravah Asianet Communications Limited (81%)13
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Asianet Asianet Plus Asianet News Asianet Middle East Asianet Suvarna Asianet Suvarna News 247 Asianet Sitara Sitara News Asianet Movies

antv (20%)15 Channel [V] STAR Chinese Movies Xing Kong (47%)16 STAR Chinese Channel Phoenix Television (17.6%)14
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Phoenix Chinese Channel Phoenix InfoNews Channel Phoenix Movies Channel Phoenix Hong Kong Channel Phoenix Chinese News and Entertainment Channel

Phoenix North America Chinese Channel

Broadcast Middle East (50%)17

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Farsi1 Zemzemeh

Fox Pan American Sports (33%)7

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Fox Sports International

Fox Deportes Fox Sports Latinoamrica

FoxSports.com
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Scout.com WhatIfSports Yardbarker) IGN Entertainment

AskMen.com GameScoop GameSpy GameStats IGN Planet Network TeamXbox

News Corp. Digital Media

UGO Networks

1UP.com GameTab

Vault Network

Big Ten Network (51%)8 Fox Telecolombia (51%) LAP TV (55%) National Geographic Channel (70%) (Nat Geo Wild)4 Telecine (13%)9 STATS (50%)10

Investments

Other

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Fox Mobile Entertainment

Owned with RCN TV Owned with the National Geographic Society 5 Originally a joint venture with sister company British Sky Broadcasting (19972007) 6 Joint venture with CJ E&M 7 Owned with HM Capital Partners 8 Owned with Big Ten Conference 9 Owned with Metro-Goldwyn-Mayer, NBCUniversal, Viacom, and Liberty Global 10 Owned with Associated Press 11 Partnership with GMA Network, Inc. and ABC Development Corporation (TV5) 12 Joint venture with ESPN International 13 Joint venture with Jupiter Entertainment 14 Owned with China Mobile Hong Kong Company Limited, Today's Asia Ltd., China Wise International Ltd., and the public 15 Joint venture with PT Visi Media Asia Tbk. 16 Owned with China Media Capital 17 Owned with MOBY Group 18 Joint venture with Eredivisie CV

HarperCollins

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USA

It Joanna Cotler Katherine Tegan Laura Gerringer Morrow Newmarket Rayo Thomas Nelson Zondervan

Collins Collins Bartholomew Fourth Estate The Friday Project Blue Door Thorsons/Element Voyager

UK

Australia

Angus & Robertson

News International

The Times The Sunday Times The Sun Times Literary Supplement

News Limited

The Australian Daily Telegraph Herald Sun / Sunday Herald Sun Courier Mail

Metropolitan newspapers

The Sunday Mail (Brisbane) The Advertiser The Sunday Times (Western Australia) The Mercury Northern Territory News mX

Cumberland-Courier Community Newspapers (New South Wales)

Leader Community Newspapers (Victoria) Quest Community Newspapers (Queensland) Messenger Newspapers (South Australia) Community Newspaper Group (Western Australia)

Community newspapers

Sun newspapers (Northern Territory)

Geelong Advertiser The Gold Coast Bulletin The Cairns Post Townsville Bulletin

Regional newspapers

Big League GQ Australia Vogue Australia

Magazines

Fox Sports Fox Footy Speed Fox Sports News Fuel TV

Fox Sports

Brisbane Broncos (68.87%) Melbourne Storm

Professional Sports

Newspoll (50%) Papua New Guinea Post-Courier (63%) REA Group (61.6%)

Other properties

Sky Italia

Sky Uno Sky Sport Sky Calcio Sky Cinema Sky Primafila Sky TG24 Sky Meteo24 Sky 3D Sky Radio

Channels

Sky Vivo Sky Show

Defunct channels

Sky Music 50 Songs Yesterjay '90 Yesterjay '80 Capital '70 Vintage '60 Rock Classic Rock Shock Soulsista Hit Italia

Joint ventures (Radio stations)

ItalianVintage Livetime Heart 'n Song B-Side Ritmo Latino Dance Yesterday 2000 Jazz & Fusion Jazz Gold Soul Train Extrabeat Sinfonia Opera Cinema Deejay Baby Mix Disc Joker

Sky HD (Italy) Stream TV

See also

STAR Group

StarWorld STAR Chinese Channel STAR Chinese Movies Xing Kong (47%)16 Channel [V] Phoenix Television (17.6%)14
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China

Phoenix Chinese Channel Phoenix InfoNews Channel Phoenix Movies Channel Phoenix Hong Kong Channel

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Phoenix Chinese News and Entertainment Channel Phoenix North America Chinese Channel

antv (20%)15 Fortune STAR

Channel [V] STAR Gold STAR Jalsha STAR Movies Life OK Movies OK STAR Plus
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UK

STAR Pravah STAR Utsav STAR World Asianet Communications (81%)13

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India

Asianet Asianet News Asianet Plus Asianet Middle East Asianet Sitara Sitara News Asianet Suvarna Asianet Suvarna News 247 Asianet Movies

ESPN STAR Sports (50%)12

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ESPN Asia ESPNews Asia ESPNews India STAR Sports

STAR Cricket

Hathway (17%) STAR Vijay (81%) Tata Sky (30%)19

Broadcast Middle East (50%)17

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FARSI1 Zemzemeh

Star Select

Rotana (15%)

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With Tata Group

The Daily New York Post Community Newspaper Group

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US newspapers

Bronx Times-Reporter The Brooklyn Paper Courier-Life Newspapers TimesLedger Newspapers

BSkyB (39.1%) Foxtel (50%) Sky Deutschland (54.4%) Sky Network Television (44%)

Satellite investments

News America Marketing NDS (49%) News Outdoor STAR DEN (50%) Hulu1 MySpace (5%)

Other assets

Joint venture with NBCUniversal and The Walt Disney Company. Annual revenue $30.4 billion USD ( 17% FY 2009) Employees 64,000 Stock symbols NASDAQ: NWS / NASDAQ: NWSa / ASX: NWS / LSE: NCRA

See also List of assets owned by News Corporation, Fox Group

Retrieved from "http://en.wikipedia.org/w/index.php?title=Magnetic_Video&oldid=516893781" Categories:

Companies established in 1968 1982 disestablishments Defunct companies based in Michigan Home video companies of the United States 20th Century Fox News Corporation subsidiaries Companies based in Oakland County, Michigan 20th Century Fox Home Entertainment

Source Material: http://en.wikipedia.org/wiki/Magnetic_Video