History of video games market in 1978 with the Odyssey, while toy company Mattel released the Intellivision in 1979, which featured graphics superior to any of its competitors. After both Atari and Fairchild made a strong showing in 1977, the market hit a difficult patch in 1978 when retailers resisted building inventory, believing that the newly emerging electronic handheld market would displace video games. Atari, for example, manufactured 800,000 systems, but proved unable to sell more than 500,000 to retail. This helped precipitate a crisis at the company that saw co-founder and chairman Nolan Bushnell and president Joe Keenan forced out by Atari's parent
William C. Dabney William C. Dabney William Cecil Dabney (1894–1963) was an American industrialist and the first soldier from Louisville, Kentucky injured during World War I. Dabney co-founded the Jones-Dabney manufacturer of paints. Dabney was born to Samuel G. Dabney and Louise Higgins Allen Dabney in Louisville on November 20, 1894. After attending public schools in Louisville, Davney completed his high school education at the Morristown School (now Morristown-Beard School) in Morristown, New Jersey. He then studied at the University of Virginia in Charlottesville, Virginia from 1912 to 1913. Dabney served as vice president and general manufacturer of the Jenkins Graphite Lubrication Company