Introduced in: 1949
Company: TelePrompTer Corporation
What its supposed to be called: Prompting device, automatic prompting device
The original teleprompter was invented by engineer and television researcher Hubert Schlafly in 1949, and included belts, pulleys, and a motor that would turn a scroll of butcher paper with actors' lines on it. Schlafly cofounded the TelePromTer Corporation after his own employer, 20th Century Fox, rejected the idea.
Eventually, the use of teleprompters expanded beyond TV sets and into newsrooms and even presidential campaigns. The TelePrompTer was sold to Westinghouse in the 1970s, and the term teleprompter is now used generically.