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Andrew Noyes story in TechDaily "Web Piracy Called Dagger in Movie Industry's Heart," covers recent testimony by MPAA president Dan Glickman, which focussed in particular on piracy and trade. Glickman noted that China faces the challenge of clearing the streets of pirated producted before the 2008 Olympics in Beijing. "China can and should show the world that it intends to play by the rules [because] the whole world will be watching," he said.
You are skeptical. You think that the movie industry needs to find "a new business model." There is a grain of truth in this. Some adaptation is possible. Asian movie-makers tend to release their product far more quickly than the slower rollout in North America, to get the jump on piracy. But there is a limit to how far even much more inventive models can take one. How much free riding can any business model tolerate? How?
posted by Solveig Singleton @ 11:53 AM | Enforcement & Remedies, Markets: Business, Investment & Innovation
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