Over the course of 1895, it became clear that the Kinetoscope was going to lose out on one end to projected motion pictures and, on the other, to a new "peep show" device, the cheap, flip-book-based Mutoscope. In its second year of commercialization, the Kinetoscope operation's profits plummeted by more than 95 percent, to just over $4,000. The Latham brothers and their father, Woodville, had retained the services of former Edison employee Eugene Lauste and then, in April 1895, Dickson himself to develop a film projection system. On May 20, in New York City, the new Eidoloscope was used for the first commercial screening of a motion picture: a boxing match between Young Griffo and Charles Barnett, four or eight minutes long. European inventors, most prominently the Lumières and Germany's Skladanowsky brothers, were moving forward with similar systems.