$1 films spook Hollywood. "Like Napster before it, the site is more than just an everyday pirate Web site: It's a commercial video-on-demand service that's comprehensive and easy to use. And it works. With the studios' film services still in development, that's a dangerous combination of features....'There's a law of diminishing returns in terms of pursuing and prosecuting these things overseas,' said Aram Sinnreich, a Jupiter Media Metrix analyst. 'It's a lamentable situation for studios, but I think the best thing they can do is develop their own legal alternative to draw people.' " [at News.com]
Here's an article about the impact of the Movie88 streaming video site in Taiwan that I mentioned a few days ago. Notice that the MPAA folks talk about taking the site down, while the JMM guy recognizes that the studios have to grow the grass on their own side of the fence instead. When are they going to "get it" and shift? Probably too late. Shhh - did you hear that? It was the roar of a dinosaur.
9:35:54 AM
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