Marketplace®

Daily business news and economic stories

Making movie history

This week back in 1895 Paris, the Lumiere brothers introduced the world to the film business. Stacey Vanek-Smith has the history.

Moviegoers watch the French film "Iznogou" in Richmond, Va.
Moviegoers watch the French film "Iznogou" in Richmond, Va.
Paul J. Richards (c) AFP/Getty Images

TEXT OF STORY

MARK AUSTIN THOMAS: Time to open the Marketplace Vault and take a peak at this week in the History of Business: Two brothers and the silver screen.


STACEY VANEK-SMITH: This week back in 1895, a group of Parisians became the first people in the world to buy movie tickets.

Louis and August Lumiere held the first commercial screening of a film at the Grand CafA© in Paris.

The year before, the brothers had invented a moving picture camera and projector. The first film featured short clips, including one of workers leaving a factory, a blacksmith working and a baby being fed.

The brothers made 2,000 short films over the next five years. They even took the camera and films on tour to Bombay, London and New York.

But they eventually abandoned film, thinking cinema was an invention without any future.

The brothers turned their attention to a more static medium. They became one of the top producers of still photography equipment in Europe.

I’m Stacey Vanek-Smith.

Related Topics

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    5 hours ago
    26:08
  • Make Me Smart
    5 hours ago
    27:42
  • Marketplace Morning Report
    12 hours ago
    7:08
  • Marketplace Tech
    17 hours ago
    11:03
  • This Is Uncomfortable
    4 days ago
    56:05
  • Million Bazillion
    25 days ago
    32:45