War of the Worlds: Hollywood Opts Out of the 'Google Economy'
By
Damien Stolarz
January 18, 2006 | Comments: 1
January 18, 2006 | Comments: 1
Related link: http://www.i2partners.com/ideas/war-of-the-worlds-hollywood-opts-out-of-the-goog…
Good article on disintermediation (video over IP changing traditional broadcast models):
"Hollywood believes large-scale broadband video distribution would only destroy proven value, fail to provide alternative value, and alter a business model that is still far from being in decline. With near-total control of the most valuable program libraries and the business models governing their distribution, a shift towards broadband media will come largely on Hollywoods terms and at an incremental pace."
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Nice link
That was a good summary of where Hollywood stands and their position on things. The only thing I can see shifting the underlying assumptions is that maybe the next generation is not particularly interested in the "sit down and shut up" model, and if that's the case, then more interactive and remixable content may be more valuable than it is today.
Or, maybe Hollywood is right and the internet is to be nothing more than a TV with a credit card reader bolted onto the side. But I doubt it.