Sony finally had to bite the bullet and concede that the Digital Format was locked in. The Betamax made Sony a fortune, it was, and still is the worldwide leader in commercial broadcast formats, and Sony did not lose to the VHS, they made millions on those tape decks also, Sanyo, Panasonic and Matsushita only made VHS, Sony made both formats, not too dumb after all! Sony is not going to file Chapter 11 just yet, they still have billions of yen.
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Sony finally had to bite the bullet and concede that the Digital Format was locked in. The Betamax made Sony a fortune, it was, and still is the worldwide leader in commercial broadcast formats, and Sony did not lose to the VHS, they made millions on those tape decks also, Sanyo, Panasonic and Matsushita only made VHS, Sony made both formats, not too dumb after all! Sony is not going to file Chapter 11 just yet, they still have billions of yen.