Saturday, March 12, 2005

Odd notes: the video store

[Although Contested Terrain is devoted, as promised, to politics and culture, occasionally I will write something just because I find it interesting. So! Here goes.]

Have you ever wondered who invented the video store? Well it was George Atkinson in 1979 with Video Station in Los Angeles. But that's not the end of the story.
In the early 1980's, according to the NYT's obituary, Video Station stock went public. And in the mid-1980's Atkinson was forced to leave Video Station due to disclosures of "filing false financial reports."
So not only did Atkinson invent the video rental business, but was a pioneer in what is now probably as popular an activity on Wall Street as home movie viewing: stock manipulation.

Just thought you'd like to know.

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