The Vieo Home System, better known by its abbreviation VHS, is a recording and playing standard developed by Victor Company of Japan, Limited (JVC) and launched in September 1976, with The Young Teacher being the first movie to be released and A History of Violence, released on home video in 2006, being the last in the North American market. By the 1990s, VHS became a standard format for consumer recording and viewing, after competing in a fierce format war with Sony Corporation's Betamax and, to a much lesser extent, Philips' Video 2000, MCA's Laserdisc and RCA's Capacitance Electronic Disc.