Media inventions

The key to Edison's fortunes was telegraphy. With knowledge gained from years of working as a telegraph operator, he learned the basics of electricity. This allowed him to make his early fortune with the stock ticker, the first electricity-based broadcast system. Edison patented the sound recording and reproducing phonograph in 1878. Edison was also granted a patent for the motion picture camera or "Kinetograph". He did the electromechanical design, while his employee W.K.L. Dickson, a photographer, worked on the photographic and optical development. Much of the credit for the invention belongs to Dickson.^[30] In 1891, Thomas Edison built a Kinetoscope, or peep-hole viewer. This device was installed in penny arcades, where people could watch short, simple films. The kinetograph and kinetoscope were both first publicly exhibited May 20, 1891.^[49]
On August 9, 1892, Edison received a patent for a two-way telegraph. In April 1896, Thomas Armat's Vitascope, manufactured by the Edison factory and marketed in Edison's name, was used to project motion pictures in public screenings in New York City. Later he exhibited motion pictures with voice soundtrack on cylinder recordings, mechanically synchronized with the film.

The June 1894 Leonard–Cushing bout. Each of the six one-minute rounds recorded by the Kinetoscope was made available to exhibitors for $22.50.^[50] Customers who watched the final round saw Leonard score a knockdown.

Officially the kinetoscope entered Europe when the rich American Businessman Irving T. Bush (1869–1948) bought from the Continental Commerce Company of Franck Z. Maguire and Joseph D. Bachus a dozen machines. Bush placed from October 17, 1894, the first kinetoscopes in London. At the same time the French company Kinétoscope Edison Michel et Alexis Werner bought these machines for the market in France. In the last three months of 1894 The Continental Commerce Company sold hundreds of kinetoscopes in Europe (i.e. the Netherlands and Italy). In Germany and in Austria-Hungary the kinetoscope was introduced by the Deutsche-österreichische-Edison-Kinetoscop Gesellschaft, founded by the Ludwig Stollwerck^[51] of the Schokoladen-Süsswarenfabrik Stollwerck & Co of Cologne. The first kinetoscopes arrived in Belgium at the Fairs in early 1895. The Edison's Kinétoscope Français, a Belgian company, was founded in Brussels on January 15, 1895, with the rights to sell the kinetoscopes in Monaco, France and the French colonies. The main investors in this company were Belgian industrialists. On May 14, 1895, the Edison's Kinétoscope Belge was founded in Brussels. The businessman Ladislas-Victor Lewitzki, living in London but active in Belgium and France, took the initiative in starting this business. He had contacts with Leon Gaumont and the American Mutoscope and Biograph Co. In 1898 he also became a shareholder of the Biograph and Mutoscope Company for France.^[52]
In 1901, he visited the Sudbury area in Ontario, Canada, as a mining prospector, and is credited with the original discovery of the Falconbridge ore body. His attempts to actually mine the ore body were not successful, however, and he abandoned his mining claim in 1903.^[53] A street in Falconbridge, as well as the Edison Building, which served as the head office of Falconbridge Mines, are named for him.
In 1902, agents of Thomas Edison bribed a theater owner in London for a copy of A Trip to the Moon by Georges Méliès. Edison then made hundreds of copies and showed them in New York City. Méliès received no compensation. He was counting on taking the film to the US and recapture its huge cost by showing it throughout the country when he realized it had already been shown there by Edison. This effectively bankrupted Méliès.^[54] Other exhibitors similarly routinely copied and exhibited each others films.^[55] To better protect the copyrights on his films, Edison deposited prints of them on long strips of photographic paper with the U.S. copyright office. Many of these paper prints survived longer and in better condition than the actual films of that era.^[56]
Edison's favourite movie was The Birth of a Nation. He thought that talkies had "spoiled everything" for him. "There isn't any good acting on the screen. They concentrate on the voice now and have forgotten how to act. I can sense it more than you because I am deaf."^[57] His favorite stars were Mary Pickford and Clara Bow.^[58]
In 1908, Edison started the Motion Picture Patents Company, which was a conglomerate of nine major film studios (commonly known as the Edison Trust). Thomas Edison was the first honorary fellow of the Acoustical Society of America, which was founded in 1929.