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Brad points to an article about the use of physical discs vs. the potential future of internet bound media.
But if we have learned anything from digital music, isn’t it that optimism is futile? The grand vision of a celestial jukebox was in everybody’ eyes in 1999, and look what it has come to. The record labels don’t want no stinkin’ celestial jukebox, that’s for certain, and the tech companies want it only if they can deliver it in their own private format. How will Hollywood differ?
In very real terms, he's right. The entertainment industry has historically shown out and out animosity towards technological innovations -- starting with the player piano.
Throw in there the Betamax decision: Hollywood was deadset against it (Valenti's rhetoric was nothing short of apocalyptic. Now, movie make more money from selling DVDs than they do from box office receipts.
Posted by Casper at April 10, 2005 11:55 PM