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The Capacitance Electronic Disc (or CED) was a video playback system developed by RCA, in which video and audio could be played back on a TV using a special analog needle and high-density groove system similar to phonograph records. Introduced in 1981, the CED system was widely seen as a technological success which was able to increase the density of a long playing record by two orders of magnitude. However, the CED system fell victim to poor planning, conflicts within RCA, and technical difficulties that stalled production of the system until 1981. Sales for the system were nowhere near projected estimates, and by 1986, RCA had discontinued the project, losing an estimated $600 million in the process.
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