Video Classics was one of the first major Home Video Distributors in Australia. Between 1979 and 1984, Video Classics was one of the leading names in Australian home video and claimed to have "Australia's largest range of quality video movies". Video Classics both rented their tapes and sold them with Prices that started at $69.95 (which was lowered to $49.95 by 1981) for sale, or rental prices being $9.90 overnight, $14.90 per week and $40 for three tapes per month. Video Classics floated on the stock exchange for $1.15 million, but crashed spectacularly in 1984 leading to the company's demise.