" . . . we are facing a very new and a very troubling assault on our fiscal security, on our very economic life and we are facing it from a thing called the video cassette recorder and its necessary companion called the blank tape. And it is like a great tidal wave just off the shore. This video cassette recorder and the blank tape threaten profoundly the life-sustaining protection, I guess you would call it, on which copyright owners depend, on which film people depend, on which television people depend and it is called copyright." — Testimony of Jack Valenti of the Motion Picture Association of America (MPAA), at the Hearings on HOME RECORDING OF COPYRIGHTED WORKS before the Ninety-Seventh Congress of the United States, 1982

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