DECEMBER 16, 1978

SATURDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN THE 2025 DATASET
Min_Wage_Hourly: $2.80
Median_Home_Price: $42,480.00
Gas_Price_Avg: $1.05
Bread_Price_Avg: $0.45
Movie_Ticket_Avg: $2.53
First_Class_Stamp: $0.13
Milk_Price_Avg: $1.97
Top Movies From 1978
1 Grease
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Grease
2 Superman
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Superman
3 National Lampoon's Animal House
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National Lampoon's Animal House
4 Every Which Way But Loose
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Every Which Way But Loose
5 Heaven Can Wait
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Heaven Can Wait
6 Hooper
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Hooper
7 Jaws 2
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Jaws 2
8 Revenge of the Pink Panther
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Revenge of the Pink Panther
9 The Deer Hunter
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The Deer Hunter
10 Halloween
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Halloween
Coming Home
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Coming Home
Blue Collar
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Blue Collar
Foul Play
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Foul Play
Coach
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Coach
Record City
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Record City
Paradise Alley
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Paradise Alley
A Wedding
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A Wedding
Special Olympics
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Special Olympics
French Quarter
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French Quarter
The Lord of the Rings
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The Lord of the Rings
The Swarm
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The Swarm
Pretty Baby
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Pretty Baby
The Pirate
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The Pirate
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
Stunt Rock
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Stunt Rock
The Bastard
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The Bastard
Goin' South
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Goin' South
The Squeeze
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The Squeeze
House Calls
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House Calls
Rabbit Test
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Rabbit Test
The Betsy
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The Betsy
Coma
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Coma
The Foreigner
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The Foreigner
The Norseman
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The Norseman
The Fury
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The Fury
The Suicide
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The Suicide
Mirrors
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Mirrors
Getting Married
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Getting Married
Dear Jimmy
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Dear Jimmy
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Escapade
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Escapade
The Evil
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The Evil
Vampire Hookers
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Vampire Hookers
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
Night Creature
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Night Creature
Born Again
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Born Again
Animal House
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Animal House
Northern Lights
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Northern Lights
The Bees
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The Bees
Girlfriends
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Girlfriends
Stony Island
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Stony Island
Midnight Express
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Midnight Express
The Mongreloid
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The Mongreloid
High-Ballin'
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High-Ballin'
The Manitou
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The Manitou
Carroña
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Carroña
Skin Deep
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Skin Deep
California Suite
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California Suite
Matilda
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Matilda
Fairy Tales
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Fairy Tales
Newsfront
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Newsfront
Superdome
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Superdome
The Playbirds
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The Playbirds
Deathmoon
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Deathmoon
A Night Full of Rain
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A Night Full of Rain
Stevie
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Stevie
Laserblast
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Laserblast
The Seniors
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The Seniors
Day of the Woman
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Day of the Woman
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Close Encounters of the Third Kind
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Close Encounters of the Third Kind
Saturday Night Fever
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Saturday Night Fever
Killer of Sheep
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Killer of Sheep
December 16, 1978 Trivia
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Television On December 16, 1978
Columbo poster
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Columbo
Sesame Street poster
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Sesame Street
Saturday Night Live poster
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Saturday Night Live
Dallas poster
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Dallas
M*A*S*H poster
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M*A*S*H
The Love Boat poster
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The Love Boat
Barnaby Jones poster
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Barnaby Jones
Charlie's Angels poster
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Charlie's Angels
The Story of December 16, 1978

On December 16, 1978, significant changes unfolded in the world of professional sports as the Racers folded, leaving the World Hockey Association (W.

Inventions & Breakthroughs of December 1978

Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.

1 Global Positioning System Satellites
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Global Positioning System Satellites
2 Word Processing Software (WordStar)
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Word Processing Software (WordStar)
3 Digital Telephone Answering Machine
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Digital Telephone Answering Machine
4 Medical Imaging PACS Concept
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Medical Imaging PACS Concept
5 Electronic Spreadsheet (VisiCalc)
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Electronic Spreadsheet (VisiCalc)
6 Computer Animation Software
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Computer Animation Software
7 Automated Warehouse Robotics
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Automated Warehouse Robotics
8 Digital Signal Processor Chip
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Digital Signal Processor Chip
9 Video Game Console (Atari 2600)
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Video Game Console (Atari 2600)
10 Space Probe Voyager Instruments
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Space Probe Voyager Instruments

The Sounds of

Popular recordings and roots/country selections associated with the year

HEADLINES ON December 16, 1978

Full News Archive

  • Headline: Indianapolis Racers Franchise Dissolves. Impact: The folding of the Indianapolis Racers triggered a chain reaction that led to a shortage of racing fans, thereby influencing the rise of competitive knitting as a new extreme sport. Who knew yarn could be so thrilling?. Fact: Did you know that folding your laundry could be as exciting as an entire racing league folding? Well, now you do!.
  • Headline: Miller Addresses Dollar Fund Concerns. Impact: William Miller's denial about the dollar fund being 'practically gone' caused a ripple effect leading to a decade of Americans hoarding quarters. The Great Coin Collection Craze of the '80s was born!. Fact: Did you know that people used to think they could buy a house with just $30 billion? Oh wait, that was just the U.S. government trying to keep the dollar afloat!.
  • Headline: Judith Fugate Shines in Nutcracker Review. Impact: Judith Fugate's performance in 'The Nutcracker' inspired a wave of terrible dance recitals across America, leading to the creation of the National Anti-Ballet Association by traumatized parents.. Fact: Did you know that 'The Nutcracker' has been performed so many times that it has its own dedicated support group for those who can’t escape its music every December?.
  • Headline: Taiwan's President Protests to U.S. Over Decision on Ties With Peking. Impact: Chiang Ching-kuo's protest to the U.S. led to the eventual rise of the internet meme 'Taiwan No Compromise,' which somehow made its way into every political debate from then on.. Fact: Did you know that Taiwan's political stance has been as consistent as a broken record? And yet, somehow, it still manages to surprise us!.
  • Headline: Stranded Mining Town Awaits Bridge. Impact: The construction of the bridge across Tug River was so delayed that by the time it was finished, people had started using canoes as their main mode of transport, leading to the Canoe Craze of '80.. Fact: Did you know that sometimes a bridge isn't just a bridge? It can also be a metaphor for the long and winding road of bureaucracy!.
  • Headline: Deadline Is Unmet on Trade Talk. Impact: The failure of major industrial nations to meet a trade talk deadline led to the invention of the 'Trade Talk Bingo' game, where global leaders now compete to see who can say the most buzzwords without actually agreeing on anything.. Fact: Did you know that trade talks are the adult version of waiting for your microwave popcorn to finish? Lots of anticipation, but usually just a lot of hot air!.
  • Headline: Quartet Led By Moondoc. Impact: Moondoc's jazz quartet performance led to an unexpected increase in saxophone sales, resulting in a nationwide surge of aspiring saxophonists, most of whom were just very bad at it.. Fact: Did you know that jazz is just a fancy way of saying 'I forgot the notes, but I’ll pretend I’m improvising'?.
  • Headline: Oil Storage Tank Ruptures. Impact: The oil spill incident led to the creation of the 'Don't Spill Oil on Your Island' educational tour, which ironically resulted in more oil spills as people tried to recreate the event for social media fame.. Fact: Did you know that spilling oil can actually be a great way to get attention? Just ask any reality TV star!.
  • Headline: China Move Reflects Carter's Aim To Protect Arms Pact and Taiwan. Impact: Carter's strategic moves regarding arms pacts and Taiwan sparked a series of political memes that ultimately paved the way for the rise of the modern meme culture. Who knew diplomacy could be so meme-worthy?. Fact: Did you know that political decisions are like a game of Jenga? One wrong move, and the whole thing could come crashing down... and make a great meme!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what the stored 2025 dataset estimates.
Rank #1
WMT
Walmart
Price in 1978
$0.01
2025 dataset value
$7,945,492

Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)

Rank #2
INTC
Intel
Price in 1978
$0.18
2025 dataset value
$199,890

Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1978
$0.49
2025 dataset value
$423,037

Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)

🦸 Top 5 Comics
X-Men #111
X-Men #111
$75
Action Comics #484
Action Comics #484
$15
Daredevil #158
Daredevil #158
$75
Superman #233
Superman #233
$250
Peter Parker, The Spectacular Spider-Man #27
Peter Parker, The Spectacular Spider-Man #27
$30
🧸 Top 5 Toys
Star Wars Action Figures
Star Wars Action Figures
$300.00
Simon
Simon
$500.00
Lego Space Sets
Lego Space Sets
$350.00
Speak & Spell
Speak & Spell
$150.00
Hot Wheels
Hot Wheels
$30.00
🎮 Top 5 Video Games
Space Invaders
Space Invaders
$13,800
Adventureland
Adventureland
Unknown
Avalanche
Avalanche
$60.00
Astro Battle
Astro Battle
$200.00
Sky Diver
Sky Diver
$12.34
⚾ Top 5 Trading Cards
Wayne Gretzky Rookie Card
Wayne Gretzky Rookie Card
$4,000,000
Kenner Star Wars Series 1
Kenner Star Wars Series 1
$70.00
Topps Baseball 1978 Eddie Murray Rookie Card
Topps Baseball 1978 Eddie Murray Rookie Card
$3,000
Futera Muhammad Ali 1978
Futera Muhammad Ali 1978
$1,500
Topps Football 1978 Tony Dorsett Rookie Card
Topps Football 1978 Tony Dorsett Rookie Card
$20,000