If every TV show was offered at a fair price to everyone in the world, there would definitely be much less copyright infringement,” he said. “But because of the monopoly power of the cable companies and content creators, they might actually make less money.
Yep, the very same delusion that makes it difficult to read this NYT article online - we need pay-will not pay wall !
Professor Michael Carrier has published the results of a remarkable initiative on copyright and innovation that uses the music industry and Napster as the case study. Carrier interviewed leading executives at major record labels and technology companies in an effort to better understand the implications of the litigation strategy against Napster. The article concludes that there were five losses from the Napster decision and related litigation: lost innovation, lost venture capital, lost markets, lost licensing, and lost magic.
MUST READ - Hunter S. Thompson summed in up correctly:
“The music business is a cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like dogs. There’s also a negative side.”
When Google released its new Copyright Transparency Report on takedown requests of its Search results, we got new insights into the massive number of complaints the search giant receives. We also saw that there are many requests that don’t seem to meet the standard of a “good faith belief” of infringement. Google said in the report that it refuses to comply with requests that are obviously inaccurate or intentionally abusive, which accounts for about 3% of the total. While Google deserves to be commended for that example of good citizenship, they can’t catch everything.