Word: vestron
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Dates: during 1980-1989
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...hefty slice of cash for what many people consider essentially a promo item, but MTV, though it gets its clips gratis, paid $250,000 for the exclusive rights to show the documentary, from which it lifted the Thriller video intact; Showtime paid $300,000 for pay-cable rights; and Vestron Video reportedly plunked down an additional $500,000 to market the cassette, in which Jackson has what the folks in business affairs call "a profit participation." Not only that, the Thriller album, already out for a year, went into the holiday season selling about 200,000 copies a week. After...