The entertainment industry, with the Big Five record labels and major
movie studios to the fore, is one of the wealthiest corporate sectors in
the world. And yet it’s in deep trouble, or so it says, the latest
complaints emanating from Big Music spokesman Mitch Bainwol in a letter
to the US Senate demanding that the Hollywood-inspired INDUCE Act on copyright infringement be adopted. But if that’s the case, why isn’t industry representing
its investors and the people who work for it to the best of its
abilities?
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Entertainment Industry Should Embrace File-Sharing
Posted by: Jon Newton July 16, 2004 02:22 PMThe entertainment industry, with the Big Five record labels and major
movie studios to the fore, is one of the wealthiest corporate sectors in
the world. And yet it’s in deep trouble, or so it says, the latest
complaints emanating from Big Music spokesman Mitch Bainwol in a letter
to the US Senate demanding that the Hollywood-inspired INDUCE Act on copyright infringement be adopted. But if that’s the case, why isn’t industry representing
its investors and the people who work for it to the best of its
abilities?