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June 14, 2005

Wal-Mart and Target will stop stocking movies in VHS format, except for significant new releases, following a similar announcement from Best Buy and Circuit City. Flashback 1977: Detroit duplicator Magnetic Video pays 20th Century Fox $300,000 to license the first fifty movies for distribution on VHS. M*A*S*H was the best-selling title of the bunch.
Originally from Lost Remote, remediated by yatta on Jun 14, 2005 at 11:40 PM