How did Hollywood adapt to the development of home entertainment?

Question

Quizplus · Accepted Answer

Hollywood adapted to the development of home entertainment by developing a new market for renting and selling movies. As VHS tapes and later DVDs became popular, Hollywood studios began releasing movies for home viewing and renting, creating a new revenue stream for the industry. This also led to the development of new businesses like Blockbuster Video, which became a major player in the home entertainment market.

How Did Hollywood Adapt to the Development of Home Entertainment