The Philips Company of the Netherlands invents and releases the first compact audio cassette. They use high quality polyester 1/8 incl tape produced by BASF. Recording and playback is at a speed of 1.7/8 inches per second. The next year in the US, sales begin of the Norelco Carry-Corder dictation machine that uses the new cassette tape. The consumer demand for blank tape for personal music recording is unanticipated by Philips.
MZTV Museum of Television (at The ZoomerPlex) 64 Jefferson Avenue Toronto, Ontario, Canada M6K 1Y4