Lyric discussion by trollmonger 

Video = Television Radio Star = Edwin Howard Armstrong, inventor of FM radio.

RCA controlled AM radio and would not support FM radio. RCA claimed to invent FM radio, preventing others from developing and used resources to finance television, not FM radio stations.

Armstrong committed suicide in 1954 frustrated, broke and beaten down fighting RCA over legal rights to FM radio. The president of RCA was quoted as saying "I didn't kill Armstrong" or some words meaning the same.

At least that's what I've always understood the song to be about.

Look it up. It's obviously not about music videos. The song was written before MTV existed.

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