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Time: Cisco's New Router: Trouble For Hollywood The CRS-3, a network routing system, is able to stream every film ever made, from Hollywood to Bombay, in under four minutes...... the business equivalent of an earthquake for the likes of Universal Studios and Paramount Pictures....... the MPAA, whose members include Disney and Universal, attacked the VCR in congressional hearings in the 1980s with a Darth Vader–like zeal, predicting box-office receipts would collapse if consumers were allowed to freely share and copy VHS tapes of Hollywood movies. A decade later, the MPAA fought to block the DVD revolution, mainly because digital media could be copied and distributed even more easily than videocassettes....... The prospect of tying their future success to online distribution scares them because it means they will need to develop new distribution and pricing models....... both the MPAA and the RIAA continue to fight emerging technologies like peer-to-peer file sharing with costly court battles rather than figuring out how to appeal to the next generation of movie enthusiasts and still make a buck..... the latest developments at Cisco, Google and elsewhere may do more than kill the DVD and CD and further upset entertainment-business models that have changed little since the Mesozoic Era. With superfast streaming and downloading, indie filmmakers will soon be able to effectively distribute feature films online and promote them using social media such as Facebook and Twitter....... the high castle walls built over the past 100 years by the film industry to establish privilege and protect monopolistic profits may soon come tumbling down, just as they have for the music industryThen you have to suggest you can't fight new technology. What you can do is come up with new business models so you make more money than ever before, and new technology feels like a friend, not an enemy. Steve Jobs