Monday, April 4, 2011

"Big Content" [Movies & Music] Is Strangling American Innovation (Harvard Business Review)

One of the greatest threats to the US's ability to innovate lies within: specifically, with the music and movie business. These Big Content businesses are attempting to protect themselves from change so aggressively that they risk damaging America's position as a world leader in innovation. ...

Example after example abounds of this attitude; whether it was the VCR which was "to the American film producer and the American public as the Boston strangler is to the woman home alone" as famed movie industry lobbyist Jack Valenti put it at a congressional hearing, or MP3 technology, which they tried to sue out of existence.
Great piece on how our industry very well might be hurting the innovations we'll need to continue to prosper and succeed in this business.

Read the full article here.

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