Hollywood Studios’ Fight With RealDVD Is Counter Productive
by Bob BarrLast week, I listened to a speech at Georgia Tech in Atlanta, presented by Yaron Brook, President and Executive Director of the Ayn Rand Institute. I was enthralled by Brook’s eloquent and forceful defense of the free market. In this time of rampant government meddling in the economy, it was refreshing to be reminded of how the free market rewards those who work with its forces rather than against them. If only the Hollywood studios had been in that audience and heard the message.
For months now, the major studios have been waging all-out war against technology companies that are developing devices that offer consumers the ability to watch their DVDs on their own computers and televisions under circumstances that give them maximum flexibility. Heaven only knows how much the studios have paid in fees in order to have their legal surrogates wage a war of words and briefs against relatively small companies like RealNetworks and Kaleidescape that are trying to fill this market niche. RealNetworks has been hit particularly hard by the aggressive court action lodged against it by the studios. (more…)
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