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Monetizing Entertainment by Larry Wacholtz

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Recording Lightning in a Bottle 7

Edison the Inventor

Thomas Edison (1847–1931), what a guy! Little did any of us know that when he invented the telephone, record player, film camera, and projector, he’d start an entirely new industry. Sure, we’d had entertainment before—books and poems—but now with Edison’s inventions some very bright businessmen turned those live performances and books into recordings, film, movies, and, eventually, computer games. His inventions, when used as the tools of production, started the record and film entertainment industry. In essence, Edison created how most of us receive our entertainment products delivered over radio, TV, and Internet, and in live theater.

Let’s take a closer look at the full range of Edison’s ...

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