Magnetic Video
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20th Century-Fox (1979–1982) |
Magnetic Video Corporation was a home video/home audio duplication service that operated between 1968 and 1982.
History
Magnetic Video Corporation was established by the co-founder
Magnetic Video is notable for its contribution to the birth of the modern-day
That same year,
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.These 50 titles were:[1]
- Hello, Dolly! (1969)
- Fantastic Voyage (1966)
- Von Ryan's Express (1965)
- The King And I (1956)
- Patton (1970)
- The Hustler (1961)
- The Agony and the Ecstasy (1965)
- Cleopatra (1963)
- The French Connection (1971)
- Hombre (1967)
- The Only Game in Town (1970)
- Can-Can (1960)
- The Desert Fox (1951)
- The Bible (1966)
- The Boston Strangler (1968)
- Tora! Tora! Tora! (1970)
- The Detective (1968)
- Gentlemen Prefer Blondes (1953)
- The Longest Day (1962)
- The Grapes of Wrath (1940)
- The Robe (1953)
- How to Marry a Millionaire (1953)
- Dr. Dolittle (1967)
- The Panic in Needle Park (1971)
- Vanishing Point (1971)
- The Sand Pebbles (1966)
- State Fair (1962)
- Bus Stop (1956)
- Three Coins in the Fountain (1954)
- From the Terrace (1960)
- The Song of Bernadette (1943)
- How to Steal a Million (1966)
- How Green Was My Valley (1941)
- M*A*S*H (1970)
- Anastasia (1956)
- Boy on a Dolphin (1957)
- The Hot Rock (1972)
- The Seven Year Itch (1955)
- Valley of the Dolls (1967)
- The Long, Hot Summer (1958)
- The Paper Chase (1973)
- Carmen Jones (1954)
- The Razor's Edge (1946)
- A Farewell to Arms (1957)
This and similar video stores were a success, and Magnetic Video took off, adding titles from the following companies in the next four years, in addition to continuing to release original titles from Fox:
- 1978: Charles Chaplin estate, and AVCO Embassy Pictures
- 1979: Brut Productions, Bill Burrud Productions, and Pathé newsreels
- 1980: ABC Pictures, ITC (Magnetic's first release from ITC was The Muppet Movie), and American Film Theatre
- 1981: United Artists (UA; including pre-1950 Warner Bros. films which were owned by UA at that time), in addition to establishing short-lived sports and laserdisc divisions.
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, Magnetic Video branched into Australia, trading under "Magnetic Video Australia".[citation needed]
In March 1979, Fox purchased Magnetic Video, which was a small OTC traded public company (Blay was a major shareholder and Chairman). In January 1982, shortly after Blay's departure from the company, Fox reorganized Magnetic Video into
Magnetic Video Corporation famously opened its video releases with an animation of their logo and the words "MAGNETIC VIDEO CORPORATION" repeatedly scrolling upwards and mirrored in the background, and an announcement would come over the mellow guitar and horn music playing:
- "By special arrangement with (movie studio name), Magnetic Video Corporation is proud to offer the following (major/classic) motion picture on videocassette."
- "Magnetic Video, in cooperation with (movie studio name), is proud to offer the following feature on videocassette." (Alternate)