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by cookiecaper
3402 days ago
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Scratch business problem, replace with "legal problem". Copyright law makes it virtually impossible to compete with Netflix. Netflix was only allowed to start because they wedged their way in as a rent-by-mail service. After pioneering streaming and realizing that the studios were asking themselves why they don't just load up their own computers with movies and get paid to stream them out, Netflix was forced to start its own content division to keep subscribers onboard and prevent the studios from poaching all of their customers by failing to renew contracts for content. We have a similar problem in online services. It's impossible to compete with Facebook because the law allows them to hold data hostage. We badly need copyright reform. The current incarnation is impractical in the digital age. |
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