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> protecting their IP is a fiduciary duty, This is not the case, unless we are talking about trade secrets, and in case of trade secrets, only applicable to bo
by anticensor 2y ago
> protecting their IP is a fiduciary duty,
This is not the case, unless we are talking about trade secrets, and in case of trade secrets, only applicable to board members and employees.
- cryptonector 2y agoThat's not how copyright works. The copyright owners want to maximize earnings, and the licensees/distributors also want to maximize earnings -- they are typically for-profit businesses, and as such they have a fiduciary duty to maximize earnings. If they think that DRM will help them, they'll want DRM. Of course for music DRM has proven to be pointless. People want to stream music, not buy music, and preserving media across so many media obsolenscence events has been such a pain that streaming is the only manageable solution for most people -- consumers don't want to make and manage copies anymore. The same should apply to movies and such, but maybe not -- it's not clear yet.
- anticensor 2y ago> fiduciary duty to maximize earnings This is not how corporate fiduciary duties work (courts repeatedly ruled there is no explicit responsibility to maximise profits or minimise taxes; Swedish Aktienbolaget are a notable exception there), though it is a common misinterpretation of them.