Ampex machine's high price tag. Ampex sold only about 50 or 60 ATR-124 machines, and withdrew from the professional audio tape recorder market entirely in 1983. By the 1990s, Ampex focused more on video recorders, instrumentation recorders, and data recorders. In 1991, Ampex sold their professional audio recorder line to Sprague Magnetics. The Ampex Recording Media Corporation spun off in 1995 as Quantegy Inc.; that company has ceased producing recording tape. Starting in the early 1950s, RCA, Bing Crosby and others tried to record analog video on very fast-moving magnetic tape. As early as 1952, Ampex developed prototype video tape recorders
Video 2000 Video 2000 recorders, focusing instead on VHS exclusively. Their first home-grown VHS recorder - VR6560 - was virtually a clone of the VR2324, using the VHS format tapes and the usual VHS M-wrap. Curiously, when Philips launched its second-generation home-grown VHS recorders (VR6467, VR6760, etc.) they pioneered the VHS 'U-wrap' (known colloquially as the "Charly" deck) and this was used in many Philips-built machines well into the first half of the 1990s. Grundig also used U-wrap in its own VHS decks for a short while before using Panasonic-manufactured decks. Recorders in the format were manufactured by Philips and Grundig and