Interesting reading especially in light of other discussions about Amazon and how publishers, like music labels, may have shot themselves in the foot by requiring Amazon to use DRM, allowing one party they didn’t control to become a market leader with huge bargaining power. The movie companies would like to avoid handing DRM control to an intermediary of that sort, and as we've heard at the DMCA hearings are aggressively trying to do it in-house, but there’s an antitrust problem with creating the one-stop shopping that consumers want. Or maybe would be if we still had antitrust law.
Wednesday, June 06, 2012
Business models in the digital age
What To Do When Attacked By Pirates, WSJ: “The labels had granted piracy a half-decade monopoly on awesomeness, and consumers had grown technically adept at illegal downloads—and morally comfortable with them, in the absence of any legal alternative.”