Liquid Paper Liquid Paper Liquid Paper is an American brand of the Newell Brands company marketed international that sells correction fluid, correction pens, and correction tape. Mainly used to correct typewriting in the past, correction products now mostly cover handwriting mistakes. In 1956, Bette Nesmith Graham, the mother of The Monkees' Michael Nesmith, invented the first correction fluid in her kitchen. Working as a typist, she used to make many mistakes and always strived for a way to correct them. Starting on a basis of tempera paint she mixed with a common kitchen blender, she called the outcome fluid "Mistake Out" and
Michael Nesmith 1974 to manage and develop media projects. Pacific Arts Video became a pioneer in the home video market, producing and distributing a wide variety of videotaped programs, although the company eventually ceased operations after an acrimonious contract dispute with PBS over home video licensing rights and payments for several series, including Ken Burns' "The Civil War". The dispute escalated into a lawsuit that went to jury trial in Federal Court in Los Angeles. On February 3, 1999, a jury awarded Nesmith and his company Pacific Arts $48.875 million in compensatory and punitive damages, prompting his widely quoted comment, "It's like