Eric Schmidt: Mobile World Congress

Kim DotCom On Outdated Business Models

Image by Getty Images via @daylife

Kim DotCom: "Piracy comes from, you know, people, let’s say, in Europe who do not have access to movies at the same time that they are released in the US. This is a problem that has been born within this licensing model and the old business model that Hollywood has where they release something first in one country but they show trailers to everyone around the world pitching that new movie but then the 14-year-old kid in France or Germany can’t watch it for another six months, you know? If the business model would be one where everyone has access to this content at the same time, you know, you wouldn’t have a piracy problem. So it’s really, in my opinion, the government of the United States protecting an outdated monopolistic business model that doesn’t work anymore in the age of the internet and that’s what it all boils down to."

I had never heard of the guy before his arrest, although there was no avoiding the MegaUpload name. I agree with the statement above. Movies should be released globally online at once. For $1 per viewing. The movie studios would make tremendous money at that price point.

The Movie Industry's Non Innovation
What Price A Movie?

Paul Orlando's Reaction To My Social Media Week Achievement

Top Influencer During Social Media Week? Moi

Paul Orlando: "Stranger things have happened!"

Chatfe Happy Hour With Paul Orlando
Paul Orlando In The New York Times

Top Influencer During Social Media Week? Moi

From Visually.

Source: Adobe

SXSW Live
New Technology And Old Media
Dinner At Arianna's
Meeting Arianna Huffington
Top 10 Social Media Week Global Influencer
Social Media Week Day 3 Tweets
Social Media Week Top Outreacher
Body Doubles
Social Media Week: Day 2: 120 Tweets
Social Media Week: 100 Tweets Later
Social Media Week: The Social Media Way

A Bird’s Eye View of Social Media Week 2012