12.19.2005
dying throes
They're trying to plug the analog hole again. Damn it.
Big media companies are so panicked about their future due to the fact that the market dynamics of digital content so effortlessly undermine the business models they've depended upon for decades. But rather than focusing on methods to create value from the massively reduced cost of digital distribution, "social" and/or networked consumption patterns, etc, the terrified execs go the more well-known route: legislation. Goodbye, fair-use rights.
I'll probably end up going the netflix route or taping it off the internet anyway.
For much more well-thought-out analyses of digital media economies, etc, see bubblegeneration. Umair is much more insightful than I.