Terminator 2 Factory Sealed VHS 2 Tape special edition WaterMarked This item is mint. No damage to the wrap seal fully intact Brief history of VHS: Invented in - 1976 The competition between the companies led to the release of three different, mutually incompatible VCR formats: Sony's Betamax in 1975, JVC's VHS in 1976, and the Philips V2000 in 1978. Two of these would come head-to-head in the 1980s in what became known as the first Format War.