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The 1980s saw the introduction of home video technology, including VHS and later DVD. This revolutionized the way people consumed films, allowing them to watch and re-watch their favorite movies in the comfort of their own homes. The blockbuster era, marked by films like Jaws (1975), Star Wars (1977), and E.T. the Extra-Terrestrial (1982), transformed the industry, with big-budget productions dominating box offices and generating massive profits.