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This is an ad for the ColecoVision video game console that was released in 1982.
You played games on it by using cartridges, with approximately 145 titles created as ROM cartridges between 1982 and 1984.
CBS Electronics distributed the console outside of the US, hence the addition of CBS to the branding in this advertisement.
Despite its success, Coleco withdrew from the video game market in 1985.
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