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That's true but Hollywood has been dead wrong so many times it's laughable. They've been dragged kicking and screaming from one giant pile of money to the next
by technofiend 10y ago
That's true but Hollywood has been dead wrong so many times it's laughable. They've been dragged kicking and screaming from one giant pile of money to the next. Don't forget the former head of the MPAA Jack Valenti's testimony to Congress in 1982:
>We are facing a very new and a very troubling assault on our fiscal security, on our very economic life and we are facing it from a thing called the video cassette recorder and its necessary companion called the blank tape. And it is like a great tidal wave just off the shore. This video cassette recorder and the blank tape threaten profoundly the life-sustaining protection, I guess you would call it, on which copyright owners depend, on which film people depend, on which television people depend and it is called copyright.
But hey if Hollywood wants to refund every purchase I made adjusting for inflation and with interest of VCRs, LaserDisc Players, DVD Players, BluRay players and all the titles I bought on them over and over then fine let's go back to you can only ever see a movie in a theatre.
Yes I realize DVD and BluRay have DRM but there was just as much wailing and gnashing of teeth over those media when introduced and each one was more profitable than the last and remain so even though their DRM is now broken. Contrast that with the failed DIVX platform and you can see what consumers want versus what Hollywood does are very much out of sync.