The earliest known attempt to release an OVA involved Osamu Tezuka's The Green Cat (part of the Lion Books series) in 1983, although it cannot count as the first OVA: there is no evidence that the VHS tape became available immediately and the series remained incomplete. Therefore, the first official OVA release to be billed as such was 1983's Dallos, directed by Mamoru Oshii and released by Bandai. Other famous early OVAs, premièring shortly thereafter, were Fight! Iczer One and the original Megazone 23. Other companies were quick to pick up on the idea, and the mid-to-late 1980s saw the market flooded with OVAs. During this time, most OVA series were new, stand-alone titles.

Like anime made for television broadcast, OVAs are sub-divided into episodes. OVA media (tapes, laserdiscs, or DVDs) usually contain just one episode each. Episode length varies from title to title: each episode may run from a few minutes to two hours or more. An episode length of 30 minutes occurs quite commonly, but no standard length exists. In some cases, the length of episodes in a specific OVA may vary greatly, for example in GaoGaiGar FINAL, the first 7 episodes last around 30 minutes, while the last episode lasts 50 minutes; the OVA Key the Metal Idol consists of 15 separate episodes, ranging in length from 20 minutes to nearly two hours each; The OVA Hellsing Ultimate had released 10 episodes, ranging from 42 minutes to 56 minutes. An OVA series can run anywhere from a single episode (essentially a direct-to-video movie) to dozens of episodes in length. Probably the longest OVA series ever made, Legend of the Galactic Heroes, spanned 110 main episodes and 52 gaiden episodes.
Many one-episode OVAs exist as well. Typically, such an OVA provides a side-story to a popular TV series (Detective Conan OVAs). At an early stage in the history of the OVA (1980s) many one-episode OVAs appeared. Hundreds of manga that were popular but not enough to gain TV series were granted one-shot (or otherwise extremely short) OVA episodes. When these one-shot OVAs prove popular enough, a network can use the OVA as a pilot to an anime series.
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