Vestron was founded in 1981 by Austin Owen Furst, Jr. (born 1943), an executive at HBO, who was hired to dismantle the assets of Time-Life Films. Furst bought the video rights of the film library for himself and decided to form a home entertainment company with these assets. Furst’s daughter suggested the moniker “Vestron,” a portmanteau combining the name of Roman goddess Vesta and “Tron”, which means “instrument” in Greek.
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