Can Form 8854 Fails 2023-2024

In the last video, we took a look at the early history of laserdisc. If you haven't seen that, you can find a link down below or up there. In short, laserdisc was the first optical storage format, storing analog video on 12-inch reflective discs. It was released at the end of the 1970s and featured many of the noteworthy features of DVD. It may seem surprising that it didn't become that popular. Its market adoption barely reached 2% of video cassette recorder sales in North America, and it was even worse in Europe. Its most successful market was in Asia, but even that wasn't fantastic. Only 10% of Japanese households had a laserdisc player, and Japan was considered the healthiest market. In this video, we'll find out why laserdisc just sort of stayed in the background its entire life. Let me begin by saying that the problem is more complex than simply they cost too much. Initially, laser discs were far cheaper than video cassettes. It's also more complex than laser discs' ability to record. I began the previous video with a product with an unknown purpose that was both a few years too late and way too far ahead of its time. Those statements are interrelated, but let's start with the first one: an unknown purpose. To understand that, you need to put yourself in the mindset of a consumer in the mid-1970s. At that time, there were essentially two types of media you could purchase to consume at home: print media (books, newspapers, etc.) and music. For nearly a century, you could purchase music to play on a phonograph, and indeed, this was the first way we could listen to music at home. Radio came later, providing a source of free, nearly continuous programming. But radio is a fleeting...